Bassford Remele Shareholders Casey Marshall and Aram Desteian, and Law Clerk Olivia Liz-Fonts published "Four Things Closely Held Shareholders Should Know" for Upsize.

• Small businesses are the foundation of our economy. Commonly formed by friends and relatives, closely held corporations are often the result of combined capital and personal interest. But what starts off as an exciting entrepreneurship journey often ends up in emotionally charged disputes between shareholders who no longer have the same vision for their business. When these disputes occur, it is important for shareholders to understand their rights and relief available under the Minnesota Business Corporations Act (MBCA), Minn. Stat. 302A.

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Case Marshall is a litigator who represents corporations and individuals in commercial disputes, and navigates families, businesses, and individuals through trust and estate conflicts. Casey regularly represents clients in shareholder and securities disputes, as well as other business-related claims, in multiple jurisdictions. He represents clients in probate, state, federal, and appellate courts, recently helping resolve multiple proceedings initiated by beneficiaries of trusts and disputes between shareholders in closely-held corporations.

Aram Desteian represents businesses in complex commercial litigation, and also counsels and defends other lawyers against a spectrum of professional liability claims. His commercial litigation practice includes representing businesses in a wide range of business disputes. As a professional liability attorney, he regularly helps other lawyers prevent and navigate lawsuits, investigations, board proceedings, and hearings involving legal ethics, legal malpractice, and other areas relating to the law of lawyering. Aram is Chair of the Minnesota State Bar Association Professionalism & Ethics Section and serves as Bassford Remele's Associate General Counsel.

Olivia Liz-Fonts is a law clerk at Bassford Remele. She is a third-year law student at the University of St. Thomas School of Law where she participated in the immigration clinic. She received her undergraduate degree from the Carlson School of Management at the University of Minnesota.

Bassford Remele is in the business of meeting legal challenges. Our lawyers practice solely in civil disputes, and with nearly 50 lawyers, Bassford Remele matches the firepower of the largest litigation groups in our region. Bassford Remele proudly serves as local and national counsel for many major corporations and Fortune 500 Companies and is a go-to litigation firm representing local, national, and international clients in state and federal courts across the country.

Bassford Remele | September 27, 2022