Controlling The Transfer Of Stock

Law360, New York (October 18, 2011, 1:07 PM EDT) -- In addition to all of the day-to-day, operational decisions that go into running a business, the principal stockholders of a privately held company must make many choices about what rights and obligations the company's stockholders will have with respect to each other as owners of the company and with respect to the company itself.

These choices include how company-level decisions will be made, who will be elected to the company's board of directors, how to resolve any impasses if the decision-makers disagree, who can become a...
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