Join a community, not a client list.
Boutique London Solicitors
Get in touch today
Call us on 020 7113 4003 or
email enquiries@dg-law.co.uk
Drafting A Shareholders Agreement
Solutions For Potential Conflicts
Drafting a shareholders agreement is a complex affair. You need the advice of a legal expert experienced in business law. When drafting a shareholders agreement, a business lawyer identifies areas where potential disputes may arise. Once a corporation’s shareholders agree on a solution to each of the potential conflicts, this will then be documented.
Shareholders Identified
Shareholders are identified as they become part of the agreement. Some shareholders may not need to sign the agreement, as in the case of large corporations. But in general, SMEs shareholders will sign a company’s agreement.
Legal Terms Defined
The legal terms used in an agreement have to be specified at the outset of the document. All definitions need to be explained. Some of the terms requiring definition and clarity are: articles, board, shareholders, shares and director’s resolution.
Company Structure
The document will disclose in detail the company’s structure. It will identify the board of directors, how often they meet and how directors are recruited or chosen. It will also identify the officers and respective titles as well as any compensation due.
Roles and Procedural Rules Specified
Roles have to be specified and those authorized to carry out certain tasks need to be identified, including any financial matters which should be disclosed in detail. Procedural rules need to be outlined and they need to be consistent with the bylaws.
If you are thinking of drafting a shareholders agreement, please give us a call and we’ll offer an initial consultation with no obligation. SG
Make An Enquiry
Call us now on 020 7113 4003 or complete our Online Enquiry and we will be delighted to talk with you about your legal matter.
Share Article With:
Make An Enquiry
Blog Categories
- All Articles
- Business Sale & Acquisition
- Client news
- Commercial Property
- Contracts
- Conveyancing
- Corporate Law
- Events
- GDPR
- gender issues
- Leasing Buying Selling
- Legal updates
- Litigation
- Networking
- News
- Other
- Power Of Attorney
- Property
- Seminars and Workshops
- Social
- Social Issues
- Team News
- Uncategorised
- Wills & Probate
Client Reviews
DG Law were fantastic throughout our purchase process. We had a short, fixed, timeline to
Venetia Lawson-Cruttenden [solicitor] is fantastic! She is always so thorough and efficient and gives you the
DG Law supported us through a very difficult contractual negotiation to achieve exactly the outcome
We were very pleased with the way that DG Law helped us on our transaction
Thanks for all the help from DG Law in pulling together our somewhat complicated loan.
DG Law resolved a difficult lease renewal for us and their services were excellent –
I needed understanding and experienced legal advice. DG Law provided an excellent service at a
My experience was second to none – the service was professional and personal. DG Law
DG Law always step up to the plate on our transactions and handle the various
DG Law was recommended to me and my partner and I received excellent advice –
Having worked with DG Law a number/couple of times now, I have been really impressed
DG Law were constantly at hand, and kept pro-active throughout the thorny process of getting
DG Law organised and ran a very useful session to help to make our team’s
DG Law came recommended to me and whilst setting up a new business it was
We were recommended three lawyers to handle the sale of our seven year old successful
Why Choose Us?
We live by our core values of transparency, flexibility and being honourable – every day
We put ourselves in your shoes so we understand your problems from the inside out
We deliver our advice in a way that is easy to understand