Shareholders’ agreements set out the rights of one shareholder against another and aim to protect the investment and interests of both majority and minority owners in the company and also deal with succession issues where a shareholder dies. Shareholder agreements are essential because company law usually favours the majority shareholders not least by giving the majority shareholders the right to appoint and remove the company’s directors. Unfortunately we have seen many cases where a majority shareholder uses this power to act in their own interests at the expense of other shareholders.
At Geoffrey Leaver Solicitors we believe that a shareholders’ agreement needs to reflect the particular facts and meets the needs of the shareholders of each case. An ‘off the shelf’ one size fits all’ agreement off the internet is unlikely to protect your interests and may turn out to be a false economy.
What our client’s say:
“Danielle is approachable and was very attentive as she kept me informed throughout the transaction. I found Danielle to be knowledgeable and she dealt with the matter efficiently. Thank you for all your help.” Simon Gristwood
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The Company Commercial Team
Tim Roberts Senior Partner
Company Commercial 01908 689356Tim Roberts is Head of the Department and the firm’s Senior Partner. He began his career as a solicitor in the City of London before moving to Geoffrey Leaver Solicitors Company Commercial department. He has over 30 years of experience in Company Commercial and specialises in all aspects of the sale and purchase of companies and businesses, including management buy-outs, corporate restructuring, banking and corporate finance.