Shareholder Agreements

Starting a new business can be exciting, but it is also important that you and your business partner have comprehensive documentation in place to deal with situations that can arise in the future. Our specialist solicitors are here to help you put a shareholder agreement in place.

Setting up a Shareholder Agreement

Often when starting a new business you are excited about the ideas that you have for the venture and the possibility of failure or breakdown in the relationship with your business partner is not something that is considered at all. However, often businesses will fail and without comprehensive documentation in place dealing with such scenarios, you may be forced into action that you would not otherwise wish to take.

Alternatively, you may have run your very successful business with your business partner for many years, but what would happen if your business partner was to die suddenly, would you want to continue running your business with their wife or family member? Without specific documentation in place, this is the situation that you may find yourself in.

Our specialist shareholder advisers can assist you in putting in place a shareholder agreement to deal with issues such as;

Who must be involved in the decision making process in the company?
Who is entitled to appoint or be appointed as a director?
What happens if you and your business partner cannot agree on important issues?
Providing mechanisms allowing you to purchase your business partner’s shares if they leave the business, die or simply want to sell their shares?
What happens if you find someone who wants to buy the business but your business partner refuses to join and sell their shares?

Read our Shareholder Agreement Case Studies to find out what could happen if there is not a shareholder agreement in place:

Brian and Jamie Case Study 1

Lucy and Sophie - Case Study 2

Debbie and Richard - Case Study 3

Seek expert legal advice

The specialist lawyers at Neves have extensive experience in assisting clients with putting a shareholder agreement in place. Contact our Company Commercial team on 0330 0945 500, email info@nevesllp.co.uk or complete our Contact Form and we’ll get back to you.

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Neves recently undertook our conveyancing and did an excellent job; the communication from Charlene Shillingford and her team throughout the whole process was top notch - I don’t recall being kept so up to date during the selling and buying of a house before. Queries were handled quickly and with the minimum of fuss, even when ‘the other side’ were being ‘difficult’. I’ve no reservation in recommending Neves. My heartfelt thanks to Charlene and the conveyancing team for their diligence and care during what can be a fraught time.

From Gareth Davies a month ago.

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Beth Woodward, I wanted to say thank you for supporting me on my recent divorce. Faced with one of the most aggressive and unpleasant legal firms in London, you led me through both the family and financial divorce courts and more than achieved every one of my goals for the divorce. Most importantly, I have equal time parenting with my two girls and a really fair settlement so I can support them financially, both not even remotely offered by the other side. You listened and supported me when I really went for it, kept me sane through the FDR and court visits and also gave me the tough messages when I need to hear it. Thank you, I can’t quite explain how we did it, but we did 😊 😊 😊 😊

From Chris a month ago.

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Emily has supported me through a divorce with excellent advice and guidance at every stage. All issues and options were explained clearly and fully. Possible outcomes were fully outlined to me throughout the process. Emily's professionalism has been of the highest standard. The kind and understanding manner in which Emily has supported me at all stages of the process is something that I am extremely grateful for. I literally felt the pressure shift from my shoulders. This is why I give 5 stars for the assistance I received.

From L L 3 months ago.

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I left this review for a few months as I wanted to let everything settle down and get my own head space back. On behalf of myself and my family, I just wanted to express our heart felt thanks to Beth for navigating us through a difficult divorce and parenting matters. Perhaps a little unconventional because as a dad, my teenage daughter wanted to remain living with me and yet I was also the main earner. We trusted Beth to give us timely, clear and succinct advice, help challenge tactics from the other side and understand the needs of my daughter whilst protecting my independent assets. We are so pleased with the outcome of the issues and all of the initial objectives were met. Beth, the whole of my family (children and grandchildren too) cannot thank you and your team enough. We have our home and family life back, fun and normality have resumed and a lunatic puppy is in place to help us heal and grow. Having trust in professional people is crucial at such a difficult time in life, and feeling that you have a solicitor of such high calibre took some pressure away when it was hard to deal with everything else. There were times that I felt Beth carried me through the process and times where I almost asked you to make decisions for me. It is a messy process, people get hurt and tears flow but thank you for your professionalism and understanding.

From J S 4 months ago.

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Neves were fantastic with my shared ownership purchase. What I particularly liked is their attention to detail ensuring my interests were protected, sound and trustworthy advice. Thank you to Charlene and Jackie who provided exceptional service. I have already recommended Neves to my friends and family.

From A Mat 5 months ago.