Tie-Breaker in Shareholders Agreement Defeats Deadlock Dissolution Petition

This week's New York Business Divorce highlights an unusual corporate dissolution case in which a tie-break provision in the shareholders agreement of 50/50 shareholders gave one of them the decisive vote in the event of board deadlock, which in turn doomed the other's deadlock dissolution petition.

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PDF) Shotguns and Deadlocks

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Free Printable Shareholder Agreement Templates [Word, PDF] Simple

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Tie-Breaker in Shareholders Agreement Defeats Deadlock Dissolution Petition