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OFFICIAL PUBLICATION OF THE CALIFORNIA NEW CAR DEALERS ASSOCIATION

March 24, 2025

Manning Leaver Legal Lane: The Importance of Shareholder Agreements

Shareholder agreements play a key and often crucial role in governing relationships among shareholders of a corporation and can be a very effective means to protect shareholders, including with respect to transfer of shares, voting rights and decision making. Shareholder agreements also provide a way to supplement or vary the default rules set forth in applicable law. Thus, a well-thought-out shareholder agreement can address many issues that may arise in the future, helping to prevent disputes and avoid costly litigation. This article highlights some of these important issues, and while it pertains to shareholder agreements, many of the same considerations are equally applicable to operating agreements of limited liability companies.

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2025 CNCDA Welcome Reception at NADA Show

January 24, 2025, Le Méridien, New Orleans

We want to sincerely thank our dealers, sponsors and association friends who were able to navigate flights and the rough weather leading up to the 2025 NADA Show in New Orleans. We appreciate everyone who attended CNCDA’s Welcome Reception, and we can’t wait to see you all next year in Las Vegas!

2025 CNCDA Welcome Reception at NADA Show

January 24, 2025, Le Méridien, New Orleans

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