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Because of the financial crisis that began in 2008, by the end of 2009:
Statutory Corporation
A corporation created by statute, typically owned by the government, to carry out specific governmental or public functions.
Oppression Remedy
Legal relief available to shareholders or members of a corporation when their rights are unfairly prejudiced or disregarded by others in power within the company.
Derivative Action
A legal mechanism allowing a shareholder to sue or take legal action on behalf of a corporation to protect the corporation's interests.
Shareholders' Agreement
A contract among a company's shareholders describing how the company should be operated and the shareholders' rights and obligations.
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