http://www.goinglegal.com en-us editorial@articlealley.com The general rule in the corporate governance of business entities -- including corporations, limited liability companies and partnerships -- is that absent an agreement or statutory requirement to the contrary, majority rule governs. Indeed, majority equ... http://www.goinglegal.com/limitations-on-majority-rule-in-the-management-of-business-entites-1527020.html 30th April 2010 The New Jersey Shareholder Oppression Statute, N.J.S.A. § 14A:12-7, provides that when those in control of a corporation having 25 or fewer shareholders "have acted fraudulently or illegally, mismanaged the corporation, or abused their authority as offi... http://www.goinglegal.com/shareholder-oppression-in-new-jersey-1527015.html 30th April 2010 Delaware does not have a cause of action for oppression per se, but it does offer relief for minority shareholder oppression-like claims applying other legal principles. Thus, oppression-like claims must be carefully pleaded in Delaware. Since court... http://www.goinglegal.com/shareholder-oppression-in-delware-1527013.html 30th April 2010