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Running a business is rewarding but brings with it many challenges. Working in partnership with other directors, partners and shareholders allows you to grow your business more quickly, but what happens when there are disagreements between you?
We understand that things don’t always go to plan, and the burden of statutory responsibilities as well as the protection of the interests of the business and those running it can occasionally lead to dispute.
Looking for advice in connection with a director, partnership or shareholder dispute? Speak to a member of our team on 0203 816 9303 and we’ll guide you through your next steps.
Louise Hebborn talks about the different types of dispute that can arise between the shareholders of a business. Louise also discusses the importance of having a shareholder's agreement in place, should a dispute arise in the future this agreement can help resolve the issue in a much more cost effective way for everyone.
[youtube url="https://www.youtube.com/watch?v=uZEtZKoYwis"]
Our commercial litigation team has years’ of experience in sensitively handling and resolving in confidence director, partnership and shareholder disputes. Working closely with local businesses, we recognise early the issues that may arise and provide professional guidance, avoiding court wherever possible and keeping your business on track.
We always recommend that businesses put in place partnership or shareholders’ agreements wherever possible, which helps to resolve disputes much more quickly. However, whether or not you have signed agreements, our team will efficiently identify the problems with you, look at what you want to achieve and advise proactively as to your options.
Quick resolutions avoid business stalemate, and our team looks always to settle the dispute in a way which allows the parties to move forward.
Our commercial litigation team is supported by corporate and commercial practitioners, enabling Stephensons to deliver a full solution in handling your director, partnership or shareholder dispute where, for example, share transfers or sales are required to finalise a negotiation.
Need to put a partnership or shareholders’ agreement in place? Find out more.
Our specialists advise in disputes relating to:
Stephensons advises clients across the full spectrum of business models, including limited companies, partnerships and limited liability partnerships.
We have advised partnerships such as those within the legal, accountancy, medical, veterinary, dentistry, surveying and architectural sectors, and limited companies of a huge range from manufacturing to service, retail and leisure.
Our client was the majority shareholder in a successful company. A fellow director and shareholder had left the business and claimed to have been unfairly prejudiced by the remaining shareholder.
Our clients wanted to buy the exiting shareholder's shares, as there was investment in the business and the value was likely to increase. Our team obtained favourable valuation evidence from an independent accountant which we used to successfully negotiate with the exiting shareholder. The shares were bought for a substantial discount and the company could continue with minimal disruption.
In some cases, where an immediate purchase of the sharescan’t be made, our team will also advise on options that will allow a case to be concluded, such as deferred consideration.
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The situation was very personal and at times very distressing but Stephensons were extremely professional but also empathetic.
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As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.
Find your nearest Stephensons office and arrange a meeting
As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.
