Legal Question in Business Law in New York
Shareholders rights
I own 10% of a family corp the company is grossly inefficient what rights do ihave to change policy
Asked on 7/07/08, 3:16 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: Shareholders rights
Having a minority interest in the corporation, you may not have much leverage to make a policy change. However, you may have the right to sell your shares, take the money and invest in another business venture that you would have more control over.
Mike.
Answered on 7/07/08, 3:46 pm
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