- Collection:
- LLM Theses and Essays
- Title:
- Shareholders' Agreements in Close Corporations and Their Enforcement
- Creator:
- Molano Leon, Ricardo
- Date of Original:
- 2006-01-01
- Subject:
- Law--Study and teaching
University of Georgia. School of Law
Dissertations, Academic - Location:
- United States, Georgia, Clarke County, Athens, 33.96095, -83.37794
- Medium:
- articles
- Type:
- Text
- Format:
- application/pdf
- Description:
- shareholders' agreements -- close corporations -- internal affairs doctrine -- minority shareholders -- Model Business Corporation Act -- Business Organizations Law
Shareholders’ Agreements are contractual devices to manage tensions among shareholders of a corporation. These agreements have a wide scope related to shareholders’ interest. Nevertheless, before subscribing a shareholder agreement is important to determine the requirements to make it enforceable. This issue has been addressed in the last twenty years by state corporate statutes following the Model Business Corporation Act and the Delaware General Corporation Law and in different court decisions. Today, shareholders’ agreements will be enforced according to the terms defined by the parties unless the agreement injures non-participating shareholders, third parties or is against public policy. - External Identifiers:
- Metadata URL:
- https://digitalcommons.law.uga.edu/stu_llm/89
- Holding Institution:
- Alexander Campbell King Law Library
- Rights:
-
