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What is fiduciary duty relevance to shareholders? In North Dakota, shareholders (or members) of closely held corporations (or llcs) owe each other a fiduciary duty of utmost loyalty and good faith. See Schumacher v. Schumacher, 469 N.W.2d 793, 797 (N.D. 1991). The duty protects shareholders from oppressive or unfair tactics by other shareholders. Breach of this duty gives rise to a breach of [...]
Visit us at 2116 Second Avenue South, Minneapolis, MN 55404
Peters Law Firm
We help fight justice for shareholders. Today's businesses face an uncertain climate and more than ever need effective, knowledgeable counsel to help guide them to success. Peters Law Firm takes pride in its creativity, comprehensive and reliable legal counsel and will take up cudgels for minority shareholders or majority to provide for and protect our clients. We address business disputes, broad range of contract law to help you not only personalize specialty contract laws specific to your purpose to address enforceability and/or in litigating any unjust enrichment | contract breach.
2116 Second Avenue South, Minneapolis, MN 55404
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