Shareholders are an important part of many big corporations in Oregon and elsewhere. These individuals often have input into certain decisions regarding company actions, and meetings allow for issues to be presented and for votes to take place on applicable subjects. Of course, there are also instances in which shareholders may take issue with company actions or lack of action, and disputes could lead to business litigation.
Mediation can play a valuable role as an alternative to bitter and protracted business litigation in Oregon and elsewhere. Mediation is less formal than arbitration and does not include an attempt to litigate the issues between the parties. Instead, mediation is a search for common elements of agreement that the parties can use to bring about a potential peaceful resolution of their differences instead of quickly resorting to business litigation. A business will want to include in-house counsel or outside business law attorneys in the process so that all rights are protected and a business solution is formalized without detriment to either party's legal position.
Disputes between top executives and their former companies often occur in Oregon and elsewhere. Sometimes, an individual who was instrumental in founding and creating a company is deactivated by the board of directors for improper or inadequate performance issues. This can lead to bitter business litigation regarding the right of the board to take such action against a key corporate executive.
There is a history of corporate scandal and misdeeds in the country, including in Oregon. When such events come to the public eye, legislative reform often follows. Witness the rash of new legislation to accompany the real estate bust in 2008. Such laws may address the activities and mandates of business formation, business operations and other categories.