Buy-In: Adding an Investor—Pros, Cons, and Pointers
Allowing an investor to buy into your corporation or LLC can be a complicated process. While it may be a great idea for some dealerships, it may be unsuitable for others. Every case is unique, and whether to add an investor involves a series of impor…
Read MoreIowa Supreme Court Defines “Oppression:” Lessons for Closely Held Corporations—Including Auto Dealers
Under Iowa law, a court can order the dissolution of a corporation if the minority shareholder can prove oppression. If the company dissolves, the minority shareholder will receive their appropriate share of the company’s assets. In addition, the I…
Read MoreWritten by James H. Arenson
Last Updated : February 13, 2024