A buy-sell agreement dispute concerns the triggering, valuation, or enforcement of an ownership transfer provision.

Corporate deadlock occurs where owners or directors cannot reach the agreement needed to operate the entity.

Corporate waste is an exchange so one-sided that no person of ordinary business judgment would approve it.

Demand futility excuses a derivative plaintiff from demanding board action where the board could not impartially consider it.

The direct and derivative distinction determines whether a shareholder claim belongs to the individual or the corporation.

A dissolution action asks a court to wind up an entity, typically on grounds of deadlock, oppression, or inability to operate.

The duty of care requires fiduciaries to act on an informed basis with the diligence a prudent person would use.

The duty of loyalty requires fiduciaries to act in the beneficiary's interest rather than their own.

Minority shareholder oppression is conduct by controlling owners that unfairly defeats a minority holder's reasonable expectations.

An operating agreement dispute concerns governance, distributions, or transfer rights under an LLC's governing document.

Partnership dissolution ends the partners' association and begins winding up, or triggers buyout of a departing partner.