California Corporations Code Section 2000: A Solution to Corporate Dissolution

March 10, 2015Articles Practical Advice

When there’s a will, there is sometimes a way.

Such is the adaptation on the old adage when applied to California Corporations Section 2000 (Section 2000).

The intent of Section 2000 is to afford warring shareholder groups an alternative to flat-out dissolution. In some instances, the statue enables both parties to achieve their goals. However, the law of unintended consequences often rears its ugly head. This article describes Section 2000 and identifies some of the areas of controversy that arise with its application.

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