I'm working at a case with 3 equal shareholders. The plan is to sell 60% shares but one member doesn't want to.
Now, I think that a special resolution (majority of 75%) is needed to get through with this sale...- I'm not quite sure if it would be possible that the other two shareholders just sell their shares and the problem is solved. Anyway, the opposing shareholder can just continue to "block" the sale...or can he not?
and what can the other two members do in order to get through with the sale?
Unfortunately i didn't find any case law to help me...
Thank you for any constructive inputs!