Director and shareholder disputes
Directors in deadlock?
Shareholders threatening court action?
Common causes of shareholder disputes include disagreements over the direction and strategy of the business, conflicts of interest, remuneration, terms of service and exit.
Ideally shareholders should anticipate what to do in the event of a dispute by placing suitable provisions in the company’s Articles of Association or a shareholder agreement. The Myers & Co commercial team can assist you if you do not have a shareholder agreement in place.
If a dispute between shareholders looks likely, it is imperative that you take legal advice as soon as possible. A shareholder dispute can damage the relationship between the key people in the business and also damage the value of the company, but this may be avoided with an early intervention. Knowing your legal position will almost always improve your ability to resolve the dispute, but if not we can help you negotiate an acceptable settlement.
If a dispute arises and cannot be resolved informally, we have great experience of using mediation or court proceedings to achieve a successful outcome.
Our dispute resolution lawyers can advise a board or individual directors and shareholders about their corporate and personal responsibilities. We give you clear legal advice on the strength of your position and negotiate an acceptable settlement.
Based in Stoke-on-Trent, Staffordshire, our specialist team has helped a wide range of businesses resolve commercial disputes. For further advice contact Myers & Co on 01782 577000.
Disagreements between banks and business customers happen all the time, whether it is over something minor like contested charges or …
A company may choose to restructure its shares and issue different classes of shares for a variety of reasons, such …
When a key employee is about to leave, employers look to minimise damage to their business and may wish to …