Friday's Tax Quote.

"The sales tax seems to be more politically acceptable than the income tax."

Raymond C. Scheppach

Legal Podcast - Forcing Out Minority Shareholders in Wisconsin.

It is not uncommon for attorneys to get involved in matters where a majority shareholder (or a group of shareholders constituting a majority) is looking to force out minority shareholders from the corporate ownership. Whether you are looking to get rid of a troublesome minority shareholder or dealing with an oppressive majority, there is plenty to know about how to force someone out and how to respond to such strategies.

Attorney Jim Swiderski has recorded a series of podcasts on these situations. The first provides a general overview of information for shareholders on either side of the issue. The second and third podcasts outline the issues specific to one side or the other. The podcasts can be listened to by clicking below.

Forcing Out Minority Shareholders in Wisconsin: An Overview.

The goal of this podcast is to provide an overview of techniques utilized by majority shareholders to force out minority shareholders in a Wisconsin corporation and possible responses by minority shareholders to those majority shareholder squeeze-out efforts. Examples of the techniques and responses are provided and include mergers, reverse stock splits, lawsuits for breach of fiduciary duty and petitions for judicial dissolution. (Click here to listen.)

Forcing Out Minority Shareholders in Wisconsin: Majority Shareholder Squeeze-Out Techniques.
This podcast introduces the listener to various techniques utilized by majority shareholders to force out troublesome minority shareholders in Wisconsin corporations. The techniques covered by Jim Swiderski include mergers (statutory, short-form, and triangular and reverse triangular), reverse stock splits, and voluntary corporate dissolutions. (Click here to listen.)

Forcing Out Minority Shareholders in Wisconsin: Minority Shareholder Rights.
This podcast introduces the listener to possible responses by minority shareholders to majority shareholder efforts to force minority shareholders out of a Wisconsin corporation. The responses discussed include asserting dissenter's rights, filing a lawsuit alleging breach of fiduciary duty and petitioning the court to judicially dissolve the corporation. (Click here to listen.)

Jim Swiderski is an attorney with the law firm Weiss Berzowski Brady LLP. His professional biography can be found by clicking here.