What are My Rights as a Minority Partner?
Our experienced Media Business attorneys offer customized legal solutions for a variety of litigation issues, from transactional work to complex matters. We have law offices conveniently located in Media, Pennsylvania and New Castle, Delaware.
We are often asked as experienced Media Business Attorneys as to what rights you have as a minority partner in a business.
- As a minority partner your value to a majority partner is only impeded by a fiduciary duty to you. This means they cannot do anything that could financial harm you.
- If you feel that you are not being treated as a fair partner because of salary or benefit reductions, you can move towards a buyout from the company.
- If both partners want to stay in the company it is recommended to hire a mediator to help work out the problems.
Are you a minority partner of a business and want to know what rights you have to the company? Contact our experienced Media Business Attorneys to assist you.