One of the most common claims of shareholder oppression in New Jersey, often leading to business divorce litigation, is the failure to pay distributions to shareholders. Obviously, there can be many reasons for not paying distributions, including, simply, an inability to do so.  » Read More

Recently, a defendant testified in a deposition that I was conducting that there was no reason that he could not fire my client, who was a 28% minority shareholder in a New Jersey corporation.  Since the defendant was the majority (51%) owner, he believed he could fire whomever he wanted. » Read More