Company & Shareholder Contract Disputes Manchester

Our team in Manchester is here to help, with nothing but the utmost quality and standard of legal services for any company and/or shareholder dispute.

What Is a Company / Shareholder Contract?

A company or shareholder contract is a legally binding agreement that outlines the rights, responsibilities, and obligations of the company’s shareholders.

These agreements are imperative for defining how decisions are made within the business, it includes things like the roles of directors, and how disputes will be resolved if one was to occur.

These contracts intend to regulate relationships between shareholders, the company, and its directors to prevent misunderstandings or conflicts in the future.

Shareholder agreements are essential tools for any business, as they provide a clear framework for handling situations such as the transfer of shares, dividend policies, and what happens in the event of a shareholder’s exit from the company for instance.

Having a well-drafted shareholder contract in place can help to minimise the risk of disputes and ensure the smooth running of your business.

However, even with all of this in place, there is always the chance of disputes occurring. Should this be the case, you should have the right people by your side, like our Manchester team of contract dispute solicitors so that you and your assets are protected.

Why You Need a Shareholder Contract in Place

Having a shareholder contract is not something to simply tick a box, it is crucial to ensure you and the company are protected in the event of a dispute.

A shareholder contract is especially important if your business has multiple shareholders or directors.

It ensures that everyone’s interests are protected, including those of minority shareholders, who may otherwise have limited power or say in the company’s decisions.

Without a properly drafted agreement, disputes between shareholders, directors, or business partners can escalate quickly, potentially threatening the stability of the business overall.

Examples of Company & Shareholder Contract Disputes

Understanding what business dispute solicitors do for you in the event of a dispute is better understood when you’re aware of what a company and shareholder contract dispute looks like.

Some of the most common disputes that take place may include, but aren’t limited to:

• Director disputes: Disagreements between directors and shareholders over the direction of the company, mismanagement, or contract breaches.
• Minority shareholder disputes: When minority shareholders feel that their interests are being unfairly overlooked or marginalised, often concerning the directors too.
• Breach of contract: If a shareholder breaches the terms of the agreement, such as selling shares without proper consent or failing to uphold their responsibilities.
• Director disqualification: Director’s conduct that may lead to their disqualification if it is deemed wrongful.
• Partnership disputes: Conflicts between business partners or shareholders over the terms of a partnership agreement.
• Contract disputes: Breaches or disagreements over specific terms in the shareholder or company contracts.

The good news is, our commercial dispute solicitors in Manchester are highly qualified to work around the intricacies of such cases.

Trust our team to solve your case with the utmost poise and education behind everything they do.

What Should Be Included in a Company & Shareholder Contract

There are a range of aspects to a shareholder agreement, and our company and shareholder contract dispute solicitors understand what should be included to protect you and the company in question.

That being said, there are some key points that should be included to cover all important bases, these may include, but are not limited to:

• Dispute resolution process
• Clarity on shareholder & director roles and responsibilities
• Voting rights or coverage on how decisions are made
• Exit strategy
• Details on dividend share policy

Of course the extent of these sections would be in immense detail, ensuring that if a contract dispute did arise, it is clear what the process is to move forward.

Nonetheless, misinterpretations can occur or situations in which unavoidable exits are made whether it be from shareholders or directors.

In this case, having shareholder dispute solicitors is crucial to ensure you have the right policies in place to protect your assets and if not, how we can help solve such issues.

Why Choose Our Manchester Team for Company & Shareholder Dispute Resolution

From director disputes to contract disputes, our team of contract dispute solicitors in Manchester have a wealth of experience and expertise that can provide you with a service to work towards the most beneficial outcome.

Our team of business dispute solicitors in Manchester specialises in resolving complex commercial disputes, including shareholder, director, and partnership conflicts.

With years of experience handling shareholder disputes, we are dedicated to protecting the interests of both the majority and minority shareholders.