Iowa 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 : November 7, 2013