Advice for Shareholders

Whether you have just incorporated a brand new company to operate your business from or have been a shareholder for a number of years, while none of the shareholders are contemplating or deliberately seeking to create divisions or issues, it is prudent to put adequate protection in place in case such divisions or issues arise.

At the early stages of any business, good planning is essential. A way in which to better deal with disputes is by acting early, seeking the assistance of a solicitor with expertise in advising companies and shareholders so that a professionally drafted shareholders’ agreement can be drawn up. With a well drafted dispute resolution provision included in the agreement, disputes can be managed so as to avoid litigation and avoidable costs.

As a majority shareholder, we can advise you on your rights and provide legal and strategic advice to ensure that your interests are protected.

If you are a minority shareholder, you may have heard the common misconception that you do not have any rights within a company and that if a dispute does arise, you are powerless. In the event of misconduct by the company’s directors, any breach of a company’s Articles of Association or a shareholders’ agreement, we can provide advice and assistance so that you are fully aware of your legal position.

At Birkett Long, we have significant experience in advising shareholders on all matters related to share ownership, exit strategies and succession planning.