Where there are several shareholders in a new or existing company, none with a controlling interest, it may be appropriate to have a shareholders’ agreement.
Alternatively, where one shareholder effectively controls the company by reason of having a majority shareholding, the minority shareholders should consider protecting their interests by way of a shareholders’ agreement.
A shareholders’ agreement regulates the relationship of the shareholders with each other and agreed aspects of the affairs of and their dealings with the company.
Shareholders’ agreements are highly bespoke documents which can range from the very simple to the very complex.
An agreement may include clauses dealing with the sale of shares in future and a list of reserved matters, or matters subject to a veto which prevent certain actions being taken without an agreed level of shareholder consent.
Our Corporate legal services team routinely assists with the preparation of shareholders’ agreements and we will discuss and work with you to identify your requirements.
Every shareholder agreement will involve detailed consideration of the obligations of each shareholder, and we will be there to advise you and guide you through all the issues and potential pitfalls that you should consider.
Give us a call or complete our online enquiry form, to see how we can help. We have offices in Shrewsbury, Bromyard, Conwy, Hereford, Ludlow, Oswestry and Telford so are able to act for clients all over Shropshire, Herefordshire, Mid and North Wales and across the Midlands.
For more detailed information please take a look at our following Guides:
Why should we have a shareholders’ agreement.
Guide to key issues for shareholders when starting a new company.
Owner Managed Businesses – the conflict between being a director and a shareholder.
A private company limited by shares, being owned by a married couple and thei...
RT @HunterBevan: Interesting day judging Best Manufacturer in @SCBA2019 Awards with @lanyonbowdler and @Barclays - Some fantastic companies…
In our excitement we didn't quite get our tweet last night correct. In 2017 & 2018 we won Best Trainer - Small Firm… https://t.co/1zElxgK61G
RT @TheRuralLawyer: Now that was a tough quiz! It’s the taking part that counts though right?! Great night for a great cause though and wit…
Lanyon Bowdler was delighted to attend the Young Enterprise celebration event in May 2019. As always the students&rsq...
Staff from Lanyon Bowdler were proud to judge the final of the 2019 Regional Schools Mooting Competition at the Unive...
All too often, when the government announces an intention to change the law relating to personal injury and clinical ...