RWCoCo2

Partnership & Shareholder Agreements

However your business has been formed or incorporated, be it a limited company, limited liability partnership or partnership, it is always important to minimise the risk of an internal dispute by having an agreed and defined position on the following matters:-

  • how the business should be run
  • what rights, obligations and restrictions apply to each party
  • provision for an exit by one or more parties
  • breakdown of any business relationship between the parties

Our wide experience has taught us that anticipating these issues and putting a properly drafted contract in place will give certainty to the situation and minimise the risk of any dispute leading to litigation in the future, by setting out an agreed procedure for dealing with such matters so that each party can consider and agree a course of action for dealing with such matters.

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Richard Saleh