Shareholder Agreements
Increasingly businesses are trading as limited companies, even when the operation is one of a sole trader. When there are two or more owners of a business that operates as a limited company it is essential that at the outset, whilst the parties are looking forward positively to the future, that they clarify their working relationship.
A shareholder’s agreement can be the way to make sure the parties understand how they are to operate within the company, the management structure and the decisions that are important and might even need a specified majority or unanimity. It is also important, whilst projecting a positive approach to the business, appropriate exit strategies are available with clear restrictions/options in relation to share transfers if one party were to retire, go bankrupt, die or other otherwise cease to be involved with the company. Where there are only two shareholders deadlock provisions should be included.
If agreement can’t be reached over matters such as these, when everyone is looking to move forwards, there could never be an agreement at a later stage when a problem arises. At TM Law we give you expert guidance in making sure that your company venture is fit for purpose as it moves forward.
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Terry Maylin at TM Law has assisted me on a number of personal and business related matters over the years and I have always been very pleased with the results he has achieved.
In particular, Terry has recently recovered a large sum of money from a client who chose not to pay my fee invoice for a structural design project. As always, Terry was very patient as he clearly explained every step of the process to me. Thanks to his expertise, the matter was swiftly resolved and I really can’t recommend him highly enough. I would not hesitate to recommend Terry at TM Law to anyone who needs prompt and reliable legal advice and action.
- Service(s): General, Debt Recovery
Could not recommend TM Law enough! Terry and his team were incredibly helpful! The whole team took a lot of time helping me whilst over the phone and in person as i was a bit clueless haha! 5 star service! Thank you all so much!
- Service(s): General
Excellent service from Aidan Squire at TM-Law preparing a shareholders agreement and contract of employment for my Co. Recommend highly based on my interactions.
- Service(s): General
Could not recommend TM Law enough! Terry and his team were incredibly helpful! The whole team took a lot of time helping me whilst over the phone and in person as i was a bit clueless haha! 5 star service! Thank you all so much!
- Service(s): General
Great litigation service provided, would highly recommend to all!
- Service(s): General, Landlord Tennant
Mr Maylin is absolutely fantastic, he knows what he is talking about as he is a specialist .I had a situation with a company that was using “sharpe sales tactics” firstly he managed to calm me down and gave me the correct advise on how to handle the company. I’m extremely glad I didn’t pay the company demanding money from me.
In the event you have an issue like mine then speak to Terry as he will know the solution. I wouldn’t hesitate to recommend this firm in the future.
- Service(s): General, Debt Recovery
Thoroughly recommend their services
- Service(s): General
Thank you once again for all the invaluable help you have undertaken on behalf of clients I have referred to you in respect of amounts owed to HMRC and petitions for winding up.
I know that my clients have been greatly impressed and it’s fair to say that without your help they would be in serious trouble.
- Service(s): General, Debt Recovery
I needed a document certified and no solicitors in Wickford that I tried for this simple activity would assist. Terry dealt with my request with the urgency it required. They are specialists but if I need them, they are first on my list and ill tell others as well. They could see beyond the minor inconvenience that I appeared to be to other solicitors who displayed a shockingly poor service. Thanks Terry!
- Service(s): General
I used Terry Maylin to help with a large disability discrimination and unfair dismissal case for a family member, and thanks to his professionalism and attention to detail we won the case. I would highly recommend Terry and his company TM Law for any legal matters.
- Service(s): General, Employment Law
View a selection of our Shareholder Agreements Case Studies
