Corporate Law

Legal guidance is essential for the success of any business. Copeland Law Firm, P.C., provides a full complement of services to businesses in Southwest Virginia. Attorney Robert Copeland assists new businesses with corporate formation and offers general representation. In addition, he defends the rights of minority shareholders.

Minority Shareholder Rights In Southwest Virginia

Though majority shareholders invest more capital in a business, they do not have a right to oppress minority shareholders. Oppression actions against minority shareholders include:

  • Forcing minority shareholders off of the board of directors
  • Forcing minority shareholders out of their employment with the company
  • Withholding dividends from minority shareholders

When majority shareholders oppress minority shareholders, the minority shareholders have a right to seek compensation. Mr. Copeland takes swift action to obtain compensation for minority shareholders. In some cases, corrective orders are enough to rectify these situations. In cases that involve particularly bad behavior on the part of the majority shareholder, the court may require the company to dissolve and liquidate its assets to pay for the minority shareholder's compensation.

As an Abingdon corporate law attorney who has been practicing since 1975, Mr. Copeland has extensive experience enforcing the rights of minority shareholders. He has worked with companies of all sizes, including small, family-owned businesses, medical practices and corporations. These situations are often volatile; Mr. Copeland navigates them efficiently to reduce conflict and achieve the best possible outcomes for his clients.

If a majority shareholder's actions have had an adverse impact on you, contact Copeland Law Firm, P.C., at 276-628-9525.