Disputes between shareholders involving disagreements between the shareholders of a company that amount to oppressive conduct and/or a violation of the respective statutes or shareholder agreements.
These types of issues broadly encompass:
- A disagreement over the direction of the corporation.
- Financial mismanagement.
- A breach of various duties the law has defined and imposed on shareholders. In essence, obligations that they have to meet but have not met.
- Decisions that are oppressive, unfairly prejudicial, or unfairly disregards the shareholder/officer/director or interested 3rd party’s interests.
- Deadlock between shareholders in terms of the operations and direction of the corporation.