Shareholders Agreements

Shareholders Agreement Solicitors, Alton

A shareholders’ agreement is a legally binding contract entered between all or some of the shareholders in a company that regulates their rights and obligations and puts in place a framework of how the company should be managed.

A company’s standard constitution and the Companies Act 2006 provide some protection for shareholders, but it is constrained and relying on this alone is not recommended.

Without a correctly drafted shareholders’ agreement, shareholders can be left vulnerable, and standard company laws may not allow for matters to be dealt with in the way they intended.

A shareholders’ document can be private, and there is no requirement to file it at Companies House. Therefore, its content can be kept confidential and provide safeguards for the shareholders.

If you require advice on drafting a shareholders’ agreement, Bookers & Bolton Solicitors can help. Even if you already have an established business, it is never too late to put one in place.

To speak to one of our reliable, professional shareholders’ agreement law solicitors, please call 01420 558336 or email enquiries@bookersandbolton.co.uk. All of our services can be carried out either in person or via online platforms. Get in touch today.

Shareholder Agreement Solicitors Near Me

Every shareholder agreement should be bespoke. Our experienced commercial lawyers at Bookers & Bolton work closely with company owners to take the time to understand your business and ensure your shareholders’ agreement is tailored to your needs.

Our commercial lawyers have extensive experience drafting comprehensive, thorough, and practical shareholders’ agreements that include everything you require.

Our legal advice on shareholders’ agreements includes specialist guidance on:

• How the company should be run.
• Directors and management issues, such as director appointments and board meetings, including quorum required, casting vote issues.
• The appointment and removal of directors.
• Key roles and responsibilities.
• Finance for the company.
• Preparation of management accounts.
• Accounting issues, for example, what accounts and financial information shareholders are entitled to receive.
• Company’s dividend policy.
• Transfer and allotments of shares.
• Restrictive covenants on shareholders.
• Deadlock provisions.
• Minority shareholder protections.

Even if you are setting up a business with family or friends, disputes can still occur, which can have a lasting and damaging effect on the business and relationships.

A shareholders’ agreement ensures that the company is protected, as well as the relationship between the shareholders.

A correctly drafted shareholders’ agreement can safeguard against disputes altogether or prevent them from escalating, including setting out what should happen should a dispute arise.

Our shareholders’ agreement solicitors also provide guidance in the following areas:

• Shareholder protection for both majority and minority shareholders.
• Reviewing and advising on equity arrangements and valuation mechanisms.
• Shareholder restrictions.
• Share transfer provisions.
• Procedures for sale of shares.

Solicitor for Shareholders’ Agreements Hampshire

Our experienced team will provide commercially astute advice, working alongside you to make you aware of the legal implications of the planned agreement and guiding you through the entire process of producing the document.

When you instruct us to support you with your matter, you can rest assured that you will receive the highest quality of client care, professionalism, and empathy.

From our offices in Alton, Hampshire, we serve clients from across the whole of the UK. While we retain many traditional law firm values, we are an innovative firm and have embraced many new technologies to ensure we have adapted to your changing needs.

How We Charge

We are flexible with our fee arrangements and are always willing to discuss an option that suits you. Find out more about our different charging options by visiting the costs information page.

For legal advice from specialist business law solicitors, please contact us on 01420 558336, email enquiries@bookersandbolton.co.uk or fill in an enquiry form today. 

Our commercial law solicitors can support you with your business law matter, either online, via phone and video call, or face to face, where clients from our local community in Alton, Hampshire, can visit our offices.

In all cases, we will update you on your business law issue using our accessible and reliable app and portal, or in a way of your choosing.