Defense of Shareholder Derivative and Oppression Case
Douglas Hargett and Mike Tanner represented a real estate investor and developer and the client’s companies in a lawsuit with a former business partner. The lawsuit involved multiple companies and investment properties located across the United States. The adverse shareholder asserted derivative claims, as well as claims of oppression and squeeze out of a minority owner. Similar shareholder counterclaims were asserted by the firm’s clients. The parties reached a confidential resolution and the case was dismissed.