Obligations of Controlling Shareholders
Learn about the obligations that controlling shareholders owe to minority shareholders in a variety of contexts.
Welcome to the clip on the obligations of controlling shareholders!
In this clip, we’ll first discuss who may properly be called a controlling shareholder. We’ll then take a look at close corporations and the duty of utmost good faith owed by controlling shareholders. Next, we’ll turn to public corporations. There we’ll consider a controlling shareholder’s duty of full disclosure and obligations during mergers. Finally, we’ll take a look at the special issues related to parent-subsidiary...