Critical Elements Lithium Corp V.CRE

shareholder rights

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 shareholder rights

Shareholders have the right to inspect the company’s books and records, the power to sue the corporation for the misdeeds of its directors and/or officers, and the right to vote on critical corporate matters, such as naming board directors. In addition, they have the right to decide whether or not to green-light potential mergers, the right to receive dividends, the right to attend annual meetings, the right to vote on crucial matters by proxy, and the right to claim a proportionate allocation of proceeds if a company liquidates its assets.

Just a reminder.

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That all goes out the window when a public or private company resorts to creditor protection.