(no subject)

[pez]

If say, two friends have a partnership company, and they decide to get go public, get it listed on the market... the friends are the major shareholders (51% together). If one of them (the one with more shares out of the 51%) has a life-threatening illness, are they obliged to make it own to the other shareholders, or in fact is the friend obliged to tell the other friend at all?

I know, I'm stupid.

Comments

[mildlyinsane.livejournal.com]

*sheepishly* again, it depends... (i say that a lot at work) for instance, if you take a gander at a standard hiring application, they usually do ask for health status (cos of coy employee insurance costs a bomb), and most coys have annual checkups and such.

i believe the higher you are in a coy, the more detailed the employement contract, and hence, it *could* well be a legal obligation. (still, you can write around it, since tezuka owns the coy, no?) ^_~