by Caitlin Copple | Jul 20, 2018 | Business
Deadlock in a closely held corporation stops a business in its tracks. Deadlock happens when a key decision can not be made because there is not enough votes to make the decision. This occurs most often in two situations. The first situation is when all the... 
by Caitlin Copple | Jul 18, 2018 | Business
A corporation is free to create and sell more stock unless there is something in writing saying it may not. Shareholders need to be mindful of dilution of their voting power and ownership when new stock is issued. If a corporation has 100,000 shares, a shareholder who... 
by Caitlin Copple | Jul 16, 2018 | Business
Shares in a closely held corporation are typically not marketable. Very few investors want to become a shareholder in a closely held corporation. This creates the problem of determining how a shareholder can get out of a closely held company at a fair price. One way... 
by Caitlin Copple | Jul 13, 2018 | Litigation
Idaho Code allows the shareholders of a corporation to sign a shareholder agreement. Idaho Code § 30-29-732. A shareholder agreement may address many different aspects of corporate governance. For example: A shareholder agreement may eliminate the board of directors... 
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