Hunt & Associates P.C.

Nov 3, 2010

Relief for Minority Shareholders under the Oregon Business Corporation Act

Minority shareholders in closely held corporations often feel trapped when there is conflict with the other shareholders.  Frequently the minority shareholder is unaware of the legal remedies available to them.  Specifically, ORS 60.951 et seq., the “Oregon Business Corporation Act”, which applies to corporations whose shares aren’t traded publicly or nationally, grants a court extensive power to impose legal and equitable remedies on the corporation and its shareholders including:… Read more