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Managing Litigation Risk During the Business Lifecycle, Part 6: Minority Stakeholder Interests and Oppression
PilieroMazza – There is a common misconception that ownership equals control. But in many businesses—especially those participating in the Small Business Administration’s (SBA) 8(a), Women-Owned Small Business (WOSB), or Service-Disabled Veteran-Owned Small Business (SDVOSB) programs—the reality is far more complex. As companies grow, take on investment, or bring in new members, questions of ownership rights, decision-making authority, and fiduciary duties become increasingly fraught.