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What Is Minority Shareholder Protection In A Joint Venture? |
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Answer» If a shareholder owns less than say 50% of the Joint Venture it may want to protect itself in the following CIRCUMSTANCES: The majority shareholder forcing through voting on certain IMPORTANT issues at shareholder meetings ( e.g. changing the business, ADDING new shareholders, issuing new shares, buying new BUSINESSES or selling parts of the business) Similar protections and any remedies can apply to board and/or director level voting as WELL. If a shareholder owns less than say 50% of the Joint Venture it may want to protect itself in the following circumstances: The majority shareholder forcing through voting on certain important issues at shareholder meetings ( e.g. changing the business, adding new shareholders, issuing new shares, buying new businesses or selling parts of the business) Similar protections and any remedies can apply to board and/or director level voting as well. |
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