Kevin Jun Lin, Corporate Lawyer

If the third party acquired it in good faith (unaware of the nominee arrangement, paying a reasonable price, and having it registered), the equity generally cannot be recovered, and you can only claim damages from the nominal shareholder. If the third party knowingly acquired it despite awareness of the nominee arrangement, you may assert that the transfer is void. As a preventive measure, you may have the nominal shareholder pledge the equity to you, blocking unauthorized disposition. Further Reading The Company Never Distributes Dividends or Shows You the Books? The Action for Inspection Rights Teaches You How to Legitimately Inspect the Accounts | Lawyer Kevin Jun Lin The Right of First Refusal in Shareholders’ Agreements: One Clause That Determines Whether You Can Hold Control of the Company Shareholder Exit Mechanism Clauses: Without an Exit Clause, Your Investment May Never Be Recoverable Drag-Along and Tag-Along Rights: When a Majority Shareholder Wants to Sell the Company, What Can a Minority Shareholder Do? Profit Distribution: How to Divide the Money When You Make a Profit? No Agreement Is a Disaster Source article: Who Loses When Nominee Shareholding Goes Wrong? Conditions, Risks, and Self-Help for a Hidden Shareholder’s Registration as a Shareholder of Record | Lawyer Kevin Jun Lin https://www.ljdev.top/%e8%82%a1%e6%9d%83%e4%bb%a3%e6%8c%81%e7%bf%bb%e8%bd%a6%e8%b0%81%e5%90%83%e4%ba%8f%ef%bc%9f%e9%9a%90%e5%90%8d%e8%82%a1%e4%b8%9c%e6%98%be%e5%90%8d%e5%8c%96%e7%9a%84%e6%9d%a1%e4%bb%b6%e3%80%81%e9%a3%8e/