CORPORATIONS - DISSOLUTION - DISTRIBUTION OF ASSETS BETWEEN PREFERRED AND COMMON STOCKHOLDERS

Authors

Abstract

In periods of business depression, problems concerning the dissolution and liquidation of corporations, with the question of preference between the holders of the preferred and common stock, often become very acute. A recent case, presenting the question of preference from the aspect of unpaid dividends on preferred stock, is Penington v. Commonwealth Hotel Construction Corporation.

Recommended Citation

CORPORATIONS - DISSOLUTION - DISTRIBUTION OF ASSETS BETWEEN PREFERRED AND COMMON STOCKHOLDERS, 30 Mich. L. Rev. 281 (1931).
Available at: https://repository.law.umich.edu/mlr/vol30/iss2/9