Meiselman v. Meiselman

*281FRYE, Justice.

In this appeal, we must determine whether Michael Meiselman, a minority shareholder with a substantial percentage of the outstanding stock in a group of family-owned close corporations, is entitled to relief under N.C.G.S. § 55-125(a)(4) and N.C.G.S. § 55-125.1, the statutes granting trial courts the authority to order dissolution or another more appropriate remedy when “reasonably necessary” for the protection of the “rights or interests” of the complaining shareholder. In so doing, we will articulate for the first time the analysis a trial court is to apply in resolving suits…