Frozen-Out Minority Shareholder Wrongfully Terminated by Trusted Partners
MKT Law recently represented a frozen-out minority shareholder-employee in a successful road construction related business. In early 2008, the three soon-to-be business partners left their current jobs and started the business. Two partners were a married couple and the third, Attorney Mark K. Thompson’s client, all held equal one-third interests in the Minnesota closely held corporation. Since they first talked…