Are you a shareholder in distress? Has the relationship between you and your shareholders changed?
Jo Haigh shares what to do if you want to end your relationship with your shareholders or how to resolve issues to move forward with the company in the best possible way.
What should you do if you no longer get on with your shareholder? The relationship between shareholders is like that of a family, there are bound to be fallouts. If you have taken our advice and have got a shareholder agreement in place, there will be set processes to deal with that.
What happens if one of you wants to leave because you can no longer tolerate it, or you’re too old, or just simply want to retire? If you haven’t got a shareholder agreement in place, then it comes down to a negotiation. This is a very painful process and will feel exactly like a divorce.
It is interesting that it is ultimately the small things that matter to the individuals and the bigger picture seems to go out of the window. I cannot tell you enough how important it is to have a pre-agreed process in place to deal with shareholder disputes. All disputes can be resolved but, sometimes, it needs a divorce to do this.
If you would like further information on the services we offer in regards to shareholder disputes please click here.