Question
Tom has a 20% share in Taco Loco, a Taco manufacturer. Dick has a 40 % shareholding and Harry the other 40% of the shares.
Tom has a 20% share in "Taco Loco", a Taco manufacturer. Dick has a 40 % shareholding and Harry the other 40% of the shares. Dick and Harry are using their position as majority shareholder to appoint themselves directors and senior managers, with huge salaries and bonuses, Tom is left out in the cold - what shareholder remedies are available to him under BC law? Discuss all available remedies.
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Smith and Robersons Business Law
Authors: Richard A. Mann, Barry S. Roberts
16th edition
978-1285428253, 1285428250, 978-1305176614, 1305176618, 978-0357700310, 978-0538473637
