Missouri Alterations Clauses Oppressive Approach

State:
Multi-State
Control #:
US-OL12041
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Description

This office lease clause states that the tenant shall not make any alterations or other physical changes in or about the Demised Premises without the owner's prior consent in each instance.

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FAQ

Remedies for Oppressive Conduct the majority shareholders to purchase the minority shareholder's shares at a price determined by the Court; the Company to purchase the minority shareholder's shares; a receiver and manager to be appointed, and the Company wound up (with potential for a director resignation);

Remedies for Oppressive Conduct the majority shareholders to purchase the minority shareholder's shares at a price determined by the Court; the Company to purchase the minority shareholder's shares; a receiver and manager to be appointed, and the Company wound up (with potential for a director resignation);

The significance of section 163 lies in the changes it brings to the ?oppression remedy? (this is the common expression used to refer to the remedy provided for in s 163), including widening the scope of the remedy, expanding the discretion given to the courts in issuing an order and making the content of the remedy ...

Hear this out loud PauseFirst, it requires a court to determine whether a complainant's expectations are reasonable. Second, if the complainant's expectations are reasonable, the complainant will be entitled to a remedy if breach of those reasonable expectations is oppressive, unfairly prejudicial or unfairly disregarding of its interests.

Hear this out loud Pause241. (1) A complainant may apply to a court for an order under this section. that is oppressive or unfairly prejudicial to or that unfairly disregards the interests of any security holder, creditor, director or officer, the court may make an order to rectify the matters complained of.

Hear this out loud PauseIt empowers the shareholders to bring an action against the corporation in which they own shares when the conduct of the company has an effect that is oppressive, unfairly prejudicial, or unfairly disregards the interests of a shareholder.

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Missouri Alterations Clauses Oppressive Approach