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Corporate & Securities Law

: ContractsProf Blog

Fiduciary Duties in Closely Held Firms

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The 1975 Massachusetts decision in Wilkes v. Springside Nursing Home is one of the staples of the Business Associations course. Its holding -- that shareholders in closely held corporations owe each other fiduciary duties -- has been controversial from the...

Full post as published by ContractsProf Blog on October 13, 2010 (boomark / email).

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