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Full-Text Articles in Law
The Evolving Fiduciary Duty Solution For Shareholders Caught In A Closely Held Corporation Trap, James M. Van Vliet Jr., Mark D. Snider
The Evolving Fiduciary Duty Solution For Shareholders Caught In A Closely Held Corporation Trap, James M. Van Vliet Jr., Mark D. Snider
Northern Illinois University Law Review
The purpose of this article is to review the development of the fiduciary duty owed in closely-held corporations. The judicially developed rule expands the ability of the courts to provide relief for shareholders who lack the voting power to force a change and has neither a statutory nor contractual right to relief. The authors identify the theoretical basis, general scope and content of the rule, as well as some other issues that still need to be decided in the course of the further development of the rule.
Realigning Corporate Governance: Shareholder Activism By Labor Unions, Stewart J. Schwab, Randall S. Thomas
Realigning Corporate Governance: Shareholder Activism By Labor Unions, Stewart J. Schwab, Randall S. Thomas
Michigan Law Review
Labor unions are active again - but this time as capitalists. The potential strength of union pension funds has long been noted, but until recently unions have held their stock passively or invested in union-friendly companies. In the 1990s, however, unions have become the most aggressive of all institutional shareholders. In most cases, it is hard to find a socialist or proletarian plot in what unions are doing with their shares. Rather, labor activism is a model for any large institutional investor attempting to maximize return on capital. Unions, union pension funds, individual union members, and labor-oriented investment funds are …
The Duty Of Corporate Directors To Pay Dividends, Randall K. Justice
The Duty Of Corporate Directors To Pay Dividends, Randall K. Justice
Kentucky Law Journal
No abstract provided.