In a case involving allegations of minority shareholder oppression in a closely held corporation1, the Texas Supreme Court declined to create a common-law cause of action for minority shareholder oppression in Texas. The Court reviewed the common complaints brought by minority shareholders, especially those involving “squeeze-out” or “freeze-out” tactics—(1) denial of access to corporate books… Continue reading Texas Supreme Court declines to recognize a common-law cause of action for “minority shareholder oppression.”