Legal Oppression
/ˈliːɡəl əˈprɛʃən/
Definitions
- (n.) The abuse or misuse of fiduciary or statutory power in a way that unfairly harms or disadvantages another party.
The shareholders sued for legal oppression when the majority withheld dividends unjustly.
- (n.) Conduct by majority shareholders or controlling parties that is oppressive, unfairly prejudicial, or disregards the interests of minority shareholders.
Legal oppression often arises in closely held corporations when minority interests are ignored.
Forms
- legal oppression
Related terms
See also
Commentary
The term typically arises in corporate and fiduciary contexts, where fairness and abuse of power are central; it is important to distinguish legal oppression from general inequity or breach of contract.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.