This article discusses the remedy of judicial dissolution in the context of an Illinois corporation facing management deadlock. The particular focus of this article is on one of the most common corporate structures for small businesses: the equally-held firm where management rights are symmetrical with ownership interests. Although courts long have described dissolution as an extreme and disfavored remedy, they have done so without reference to the particular factual context unique to deadlocked closely-held corporations. Illinois has a unique shareholder-relief statute, which illustrates when dissolution is an appropriate remedy. Based on the statutory text, I suggest dissolution is a default remedy in deadlock cases when a petitioning sha...
ln 1945 appellant corporation was dissolved. Under a state statute, its officers became trustees, wi...
Within the last decade the highest appellate courts in a half dozen states have adopted the reasonab...
(Excerpt) This article will focus upon the addition to the arsenal of minority shareholders\u27 righ...
The exodus of small businesses from proprietorship and partnership units into corporate units has br...
Plaintiffs sought dissolution of defendant corporation pursuant to a statute allowing a petition for...
The stock in a hotel management corporation was divided equally between two families, each of which ...
Intra-corporate dissension between shareholders in a close corporation that can lead to serious dead...
I. Introduction II. Background III. Involuntary Corporate Dissolution in the Courts of Equity [IV]. ...
A Review of The Stockholder\u27s Remedy of Corporate Dissolution. By James O\u27Malley Tingl
This Article studies business deadlocks and their resolution. We advance a proposal to reform the wa...
This article examines a new corporate law remedy: the ability of courts to remove directors of busin...
This article studies the judicial resolution of business deadlock. Asset valuation, a necessary comp...
The general statement has often been made that a court of equity has no power to dissolve a solvent ...
The directors of defendant, a New Jersey corporation, in an effort to effect corporate tax savings a...
A and B owned 50 per cent of the stock in each of two solvent corporations, and Y and Z owned the re...
ln 1945 appellant corporation was dissolved. Under a state statute, its officers became trustees, wi...
Within the last decade the highest appellate courts in a half dozen states have adopted the reasonab...
(Excerpt) This article will focus upon the addition to the arsenal of minority shareholders\u27 righ...
The exodus of small businesses from proprietorship and partnership units into corporate units has br...
Plaintiffs sought dissolution of defendant corporation pursuant to a statute allowing a petition for...
The stock in a hotel management corporation was divided equally between two families, each of which ...
Intra-corporate dissension between shareholders in a close corporation that can lead to serious dead...
I. Introduction II. Background III. Involuntary Corporate Dissolution in the Courts of Equity [IV]. ...
A Review of The Stockholder\u27s Remedy of Corporate Dissolution. By James O\u27Malley Tingl
This Article studies business deadlocks and their resolution. We advance a proposal to reform the wa...
This article examines a new corporate law remedy: the ability of courts to remove directors of busin...
This article studies the judicial resolution of business deadlock. Asset valuation, a necessary comp...
The general statement has often been made that a court of equity has no power to dissolve a solvent ...
The directors of defendant, a New Jersey corporation, in an effort to effect corporate tax savings a...
A and B owned 50 per cent of the stock in each of two solvent corporations, and Y and Z owned the re...
ln 1945 appellant corporation was dissolved. Under a state statute, its officers became trustees, wi...
Within the last decade the highest appellate courts in a half dozen states have adopted the reasonab...
(Excerpt) This article will focus upon the addition to the arsenal of minority shareholders\u27 righ...