Shareholder & Partner Disputes
At the beginning of a business venture, partners and shareholder are usually in agreement when it comes to operations, finances, and other important business issues. But, as time goes by and challenges begin to strain the business, disagreements among partners and shareholders becomes one of the biggest threats to the stability of a business.
We encourage our clients to resolve disputes out of court and make every effort to resolve conflicts efficiently and fairly. A sound shareholder’s agreement goes a long way towards preventing disputes from arising in the first place and keeping disputes from escalating into protracted litigation. An agreement such as this can help partners, shareholders, and officers decide:
- The rights and obligations of everyone within the business
- When and how an officer or director of the business is able to release themselves from the duties of their position and if this decision was made in good faith and in the best interest of the business.
- How to implement corporate procedures
- How to handle conflicts between partners and/or shareholders
- How to handle illegal or immoral actions taken by company officers
- Corporate policies concerning employment, severance, agreements, etc.
- How to handle succession issues
- How to handle mergers, acquisitions, and buy-outs or buy-ins – including how votes are weighted
- How to implement, interpret, and enforce partnership and shareholder agreements
- How to resolve company debt or bankruptcy issues
In drafting your shareholder’s agreement, we will provide you with the soundest legal documentation available, which will help avoid disputes amongst company leaders. The benefits of obtaining legal representation in the drafting of such agreements are plentiful. You are fully protected under law by our expertise and, in the event of a disagreement; we will continue to serve you through the process.
To receive a free proposal or discuss your legal needs with one of our representatives, call us at Toll Free at 877-420-4600 or contact us immediately online.