In close corporations, shareholders typically wear multiple hats—owner, officer, director, employee. When the relationship is healthy, this hybrid structure works smoothly. But when conflict arises, majority shareholders can weaponize corporate control to push a minority owner out. One of the most common tools? Termination of employment. But a shareholder who is an at‑will employee is not without hope. When the termination is used strategically to eliminate a minority owner’s economic and…
