Inspect First or Forever Remain Curious. . .
A possible new pre-requisite to filing a derivative complaint – conducting a books and records inspection If you are considering filing a derivative claim (an action on behalf of the business that is...
View ArticleSlow Down and Think Twice About Filing a Derivative Claim Before Trying to...
The latest case in a string of Delaware Court opinions raises – again – an interesting question regarding a derivative plaintiff’s ability to inspect a corporation’s books and records after he/she...
View Article10 Characteristics of Shareholder Oppression in an Iowa Business – The Iowa...
In Heidecker Farms, Inc. v. Heidecker, the Iowa Court of Appeals identified several different actions / inactions that may arise to shareholder oppression in Iowa. The court began by...
View ArticlePART II – 2013 Law Eliminates Statutory Authority to Recover Attorneys’ Fees...
PART II – 2013 Changes to the Iowa Business Corporation Act. This post addresses yet another substantive change to Iowa law – as adopted by the 2013 legislature – and which relates to the ability to...
View ArticleDo Fiduciary Duties Apply Between Equal, 50/50 Shareholders?
Fiduciary duties are often described as the highest duties recognized under the law. Their application, however, is often challenged by litigants in court. In a recent case before Iowa’s Business...
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