Shareholders Agreement By Nath Solicitors
What happens if you don’t have a carefully prepared shareholders agreement; shareholder disputes Here Nath Solicitors describe case study of a shareholder disputes Matter We were instructed by one of the two joint shareholders in a company to resolve a shareholders dispute. The company had been set up by two friends to produce and market food products. There was no shareholder agreement in place although it was accepted that each party held 50% of the shares. We reviewed the matter and the shareholding and advise our client as to the best way to proceed. Our client made an offer to take over outstanding loans of the company and to repay the other shareholder a further loan she had made to the company from the distributable profits of the company over the next few years. In return the other shareholder was to enter into a share transfer agreement and sign a stock transfer form for transfer of her shares to our client. The offer made was generous
but a failure by the other party to appreciate it meant the offer was not taken up. We then advised our client how to move forward in the face of a difficult situation. We presented our client with various options as to how he could proceed and ultimately these were beneficial to our client allowing him to be resolve the issues and the dispute that had arisen within the If you have any query related to Share Holders you can contact our business litigation lawyers London at Nath Solicitors or you can call us on +44(0) 203 670 5540 or mail us @ info@nathsolicitors.co.uk or you can reach us @ https://www.nathsolicitors.co.uk/