We Protect The Rights Of Shareholders And LLC Members
Our close familiarity with complex legal matters in shareholder disputes allows Cox Padmore Skolnik & Shakarchy LLP (CPS&S) to skillfully advocate our clients’ positions in high-stakes cases involving shareholder rights in corporations and rights of members in limited liability companies.
From our main offices in Manhattan, on Long Island, in New Jersey and Denver, our lawyers represent minority members, partners and shareholders in claims against majority owners. We also represent company owners, officers and directors in defense of shareholders’ rights claims, and owners and managers or managing members in defense of LLC members’ rights claims. Contact us today to learn more about how our attorneys can help you meet your legal challenges.
Experience In A Broad Range Of Shareholder And Member Protection Litigation
Shareholders and members have a variety of rights as owners of a corporation or LLC, including:
- Derivative claims: Minority shareholders or members may bring suits on behalf of the corporation or LLC against insiders such as officers, directors, managing members and majority owners. Attorney fees are often available in these cases.
- Sharing in dividends: Shareholders of the same class of stock have a right to share in declared dividends.
- Inspection: Shareholders may have a right to inspect certain books and records.
- Appraisal: When an asset or business is sold, shareholders or members may have a right to obtain fair value of their shares or membership interests.
Our attorneys often represent minority partners, members and shareholders in claims of oppression and breach of contract against majority shareholders. For example, our attorneys represented a minority shareholder plaintiff in corporate dissolution proceeding involving appraisal of real estate and interest in business. The defendant’s appraisal was only 50 percent of our client’s appraisal. Our attorneys obtained 96 percent of our client’s higher appraised value.
Consult Our New York City Shareholders’ Rights Litigation Lawyers
To see a sampling of the successful results Cox Padmore Skolnik & Shakarchy has achieved for clients, please click here.