Foss v Harbottle
Foss v Harbottle articulated the classic rule that wrongs to the company should generally be pursued by the company itself and that majority rule prevails, providing the foundation for later derivative and minority-protection exceptions.
Holding
Foss v Harbottle articulated the classic rule that wrongs to the company should generally be pursued by the company itself and that majority rule prevails, providing the foundation for later derivative and minority-protection exceptions.
Issues
majority rulederivative actionsminority shareholder remedies