Zhiming New Case | Zhiming lawyers take on another shareholder rights dispute case

📅 2018-11-14 📂 Updates Updates 🏷️ #RightsDisputes #Lawyers #Shareholders

 

He, a minority shareholder and director of a certain company, was forced out of the board of directors in 2013 by the majority shareholder through the exercise of absolute controlling power. After the majority shareholder gained complete control over the board and management, it failed to notify He to attend shareholders' meetings for several consecutive years and concealed the company's profitability from him, seriously infringing upon He's shareholder right to information and right to dividends. After learning of the company's actual operating conditions, He repeatedly demanded that the company provide relevant materials and convene a shareholders' meeting to discuss dividend matters, but was refused each time by the board of directors controlled by the majority shareholder. After two years of negotiations without securing the rights and interests he deserved, and with no other options, He conducted extensive inquiries and learned that the Wang Tengfeng team at Guangdong Zhiming Law Firm had successfully handled numerous cases involving disputes over shareholders' rights and interests, and was particularly willing and skilled at championing the rights of minority shareholders. Therefore, He came to Zhiming Law Firm to seek assistance. After preliminary communications and discussions with Wang Tengfeng's legal team, He firmly believed that Zhiming lawyers could succeed again in safeguarding his rights, and decisively entrusted Attorney Wang Tengfeng's team as his legal representatives.

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