Terminating the Employment of a Minority Shareholder

Event Description

Deadline to Register:  Monday, January 18, 2016

Terminating the employment of a minority shareholder in a closely-held company presents different considerations than the termination of a typical employee; especially, when the termination comes in the midst of a dispute over the control or direction of the business.  Employers must consider not only possible claims by the shareholder/employee arising from the status as employee, but also claims arising from the status as shareholder.  Moreover, the lack of documentation, or inadequate documentation, governing the relationship between the shareholder/employee, the Company and/or other shareholders is often highlighted in this scenario.  This presentation will review issues unique to shareholder employees, the legal processes available to resolve disputes arising out the termination of a shareholder employee, and recommendations to avoid disputes and costly litigation through proper documentation and corporate governance. 

Registration and lunch begin at 11:30 a.m. followed by the CLE starting at 12:00 p.m.


Presenter:

Scott Payzant, Leonard, O'Brien, Spencer, Gale & Sayre LTD   
 

CLE Credits:

1.0 Standard CLE Credit applied for | Event Code:  214985

Cost:

Section Member:  $10.00
MSBA Member but not a member of the Section:  $20.00
Non-MSBA Members:  $35.00
Law Students: Free

Join the Labor & Employment Section:   MSBA members who are not members of the Labor & Employment Law Section can join and attend this CLE for FREE.  Click here to add the section to your membership and then contact Tamara Patton  to register for this meeting at no charge.

Remote Participation:  

Remote participation is available.  Please indicate that you will attend remotely when registering.  Instructions will be sent via e-mail on Tuesday, January 19. 

To register with a check, please mail in this registration form.
Need to cancel? Please see our cancellation policy.
Questions? Contact Tamara Patton | 612-278-6329

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Register for this Event

This meeting has already occurred.

Pre-Registration is Closed

DATE
Wednesday, January 20, 2016
TIME

11:30 AM to 1:00 PM

VENUE
Minnesota State Bar Association
600 Nicollet Mall #380
Minneapolis, MN 55402