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Discuss james and theodore brennan

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Reference no: EM131627583

Brothers Owen, James, and Theodore Brennan ("the Brothers") were the shareholders of Brennan's, Inc., which operated Brennan's Restaurant in New Orleans. This was a "close corporation" that is one whose stock is all owned by a small group of people and not for sale on any stock exchange. The corporation did not hold regular shareholder meetings or formal corporate meetings with minutes.

Reference no: EM131627583

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