Trial subpoenas commanding a witness to appear at trial and produce documents are governed by different rules than discovery subpoenas. Specifically, Sections 491.090-491.100, RSMo “confer upon [a] litigant the right to require the production of any document a litigant believes necessary to meet the issues raised in the action.” State ex rel. Rowland Group v….
Majority Shareholder Fiduciary Duties
In Missouri, a common mis-perception is that only corporate officers and directors owe a fiduciary duty to the company and the company’s shareholders. There are, though, limitations on the rights of majority or dominant shareholders to act in their own self-interest. Specifically, shareholders in control — through majority ownership or otherwise — are under a…