Oppression Remedy
/ˈɒprɛʃən ˈrɛmɪdi/
Definitions
- (n.) A court-ordered solution available when a company's affairs are conducted in a manner oppressive to minority shareholders or other interests.
The minority shareholders sought an oppression remedy to address the unfair conduct of the company's majority owners.
Forms
- oppression remedy
- oppression remedies
Related terms
See also
Commentary
The oppression remedy is a specialized equitable relief found in corporate law statutes, designed to protect minority stakeholders from unfair treatment by majority controllers.
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.