LLC & Business Entity Update 2014

Welcome to the Institute of Continuing Legal Education LOG IN CART (0)

Section 489 of the Michigan Business Corporation Act was not intended to upset the business judgment rule and allow courts to second guess a business’s general management decisions. Only when the “willful and oppressive conduct” frustrates a shareholder’s rights as a shareholder (voting, receiving notice of meetings, receiving pro-rata distributions) is a court likely to step in and view such conduct as oppressive. Watch the full On-Demand Seminar to learn more about shareholder oppression.

Michigan's leading business law practitioners share their extensive knowledge, experience, and sample forms in this annual update. Don't miss this opportunity to get current on the most recent developments in business law practice.