Moore, Costello & Hart, P.L.L.P. has a breadth of experience in representing minority and majority shareholders when disputes arise among the owners of closely-held businesses.  Even when a business partnership begins with the best of intentions, concerns over a co-owner’s work performance or disagreements over the best interests of the company can create conflict.  Without adequate representation, a minority shareholder can feel trapped in the company and may not be able to receive his or her fair share of the business in a buyout.  Similarly, a majority shareholder can find himself or herself on the losing side of a lawsuit without carefully planning a minority shareholder’s buyout.  The attorneys at Moore, Costello & Hart, P.L.L.P. have taken the time to understand and appreciate what it means to be on both sides of this issue, and are able to give practical and useful advice to clients facing the breakup of a closely-held company.

 

Services Provided:

  •  Representation in shareholder litigation
  • Drafting and review of share purchase agreements
  • Advice on a shareholder’s right to continued employment
  • Advice on removing the uncooperative shareholder
  • Drafting and review of share transfer (buy-sell) agreements
The Minnesota Court of Appeals approved of the use of a special litigation committee to dispel a minority shareholder dispute. Click below for more information.
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J. Patrick Plunkett

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Martin D. Kappenman

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Zachary J. Crain

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