Appellate Court Upholds Unique Method for Shareholders to Access Records

When a minority shareholder in a corporation seeks financial and management records, the shareholder must make a statutory “books and records” request or rely on provisions in a shareholder agreement or corporate by-laws.  A recent appellate court case upheld yet a third way for aggrieved shareholders to obtain corporate books and records. It is called […]

You Must Prove Damages With Reasonable Certainty In Business Lawsuits

Determining if you have provable damages is often the first step in analyzing whether to pursue a business lawsuit as a shareholder, partner, or member of a limited liability company.  Likewise, if you have been sued as a result of a partnership or shareholder dispute, reviewing the exposure or possible damages you face is an […]

Dissolving A Corporation Under Connecticut Law

Under Connecticut law, there are various methods attorneys may use to dissolve or terminate a corporation.  It is referred to as dissolution of the corporation.  A dissolved corporation continues its corporate shell existence but stops carrying on business except where necessary to wind up the affairs of the company.  Winding up typically involves liquidation by […]

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