Shareholder oppression is a relatively rare breed of corporate litigation. The cases typically involve hefty boardroom bust-ups and are not easily won. Under company law, minority stakeholders have to prove to a court they are being disregarded, squeezed out, or subjected to “burdensome, harsh and wrongful” conduct by bigger fry in the business. When a showdown does happen, the results can be far reaching. The court is more or less at large to do what it sees fit to end oppression. It can undo transactions, order a buy-out of the company, or in extreme cases, impose a winding up order…
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