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Hobby Lobby Stores. Inc. is a family owned business, described as closely held. What does this mean , i.e., what is a closely held corporation?Did
Hobby Lobby Stores. Inc. is a family owned business, described as "closely held." What does this mean, i.e.,what is a closely held corporation?Did this make a difference in the court's consideration of Hobby Lobby's 1stAmendment religious freedom argument? Would the same argument work for a large publicly held corporation like IBM?Should it? Why or why not? What are the social and political interests in play that the Court endeavored to balance in the legal setting?
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