A breach of fiduciary duties by those who own a close corporation normally constitutes what is known as oppressive conduct.

Question

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Oppressive conduct refers to conduct that unfairly disregards the interests of certain shareholders in a close corporation, typically by majority shareholders or those in control. This can include a breach of fiduciary duty, and can give rise to a shareholder oppression claim.

A Breach of Fiduciary Duties by Those Who Own a Close