Michigan has a robust statutory remedy for shareholder oppression.
GGerald Mantese, Douglas Toering, and Fatima Mansour have just publised a fascinating new article in the January 2017 issue of the Michigan Bar Journal analyzing recent Michigan appellate decisions applying and fleshing out that remedy.
Too bad the effort to pass a similar statutory remedy for minority shareholders fell flat in 2015, with no possibility of another try in the current legislative session.
ShareholderOppression.com attempts to keep abreast of significant developments in shareholder law in all 50 states. See our brief summary of Michigan Shareholder Law.