Island knowledge, national expertise
Shareholder Agreement Solicitors
When there is more than one shareholder in a company, a Shareholder Agreement is a virtual necessity. Though not mandatory, it does regulate the rights and duties of the shareholders and governs the affairs of the company. A Shareholders Agreement deals with the ‘what ifs’, allowing you to plan with certainty and peace of mind.
Protecting minor shareholders
A Shareholders Agreement can cover any matters you want it to cover. Glanvilles Damant has extensive experience in drafting these Agreements and can advise you on what provisions should be included. These can include setting out dividend policies and procedures that allow a shareholder to dispose of their shares in the company.
Shareholder Agreements are essential for protecting the rights of minority shareholders. Glanvilles Damant can advise on what rights of veto should be contained in the Agreement in respect of such matters as buying or selling the business or appointing or removing a director.
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