When family business owners are determined to force another owner out of the business, they tend to get sneaky and play loose with the rules –to the point that they end up jeopardizing the business itself. On this episode of Divided Dynasties, Mark Briol and Scott Benson delve into a specific case, McGrath v. MICO, to share the telltale signs...Read More

The special litigation committee is a powerful tool, and corporations should not be allowed to resort to it prematurely: an analysis from Joseph Pull and Scott Benson, published in the most recent volume of the University of St. Thomas Law Journal.Read More

Shareholder agreements are common among owners of closely held corporations or LLCs. These agreements are generally enforceable under Minnesota law.[1] Frequently, such agreements include provisions governing the transfer of ownership interests. The interaction of certain combinations of common provisions governing the transfer of ownership interests can create unfortunate incentives that minority shareholder employees should be...Read More

In most elections, the winners are chosen by majority or plurality vote. Minority shareholders in Minnesota corporations should know their rights to make an exception to this rule.Read More