I'm never going to a Coldplay concert again.
Let's get back into it and hit it hard with a new module on
Corporations: Shareholder Rights.
This is easy. It's when shareholders want power, and the board says "lol, no."
Pretty simple. General partnerships are dangerous for this reason.
Pretty simple. General partnerships are dangerous for this reason.
We'll learn:
- The difference between inspection rights and just being nosy
- Why dividends are basically a gift from the gods, unless you can prove the board is lying
- How voting rights depend on the record date, and how to time your power moves
- The rules for proxy voting, including how to lock one down permanently
- Why treasury shares are like ghost stock with no powers
- When you can sue for appraisal, and why you’d better follow the rules exactly or get nothing
- What preemptive rights actually protect (hint: not your feelings)
- And when controlling shareholders are acting like villains, courts can actually step in
Also: derivative vs. direct suits are back. If you forget who’s suing who on behalf of what, the bar will punish you.
This is one of those “boring” corporate law essays that turns into a 10-point gold mine if you can write three clean rules and apply them without flailing. Stay sharp. This stuff is dry, but dangerous.
