Close Corp./Freeze Outs
The rights and obligations of shareholders in non-public corporations may be considerably different than those in public companies. In some states, including Massachusetts, shareholders in a close corporation may owe fiduciary duties to each other.
Our attorneys have experience in litigating close corporations disputes including freeze-outs, diversions of corporate opportunity and failure to disclose corporate benefits or contracts. We have represented corporations seeking the return of ill-gotten benefits and minority shareholders seeking to have their
interests acquired at a fair price.