Partnerships & Shareholder Disputes
When setting up a business and entering into a partnership with another shareholder of the business it is essential that you protect your interests through a formal agreement.
The partnership agreement will provide a clear account of the duties of the partners involved in the business and will provide a framework as to how matters will be dealth with in the event that directors have any misunderstanding or issues associated with running the business.
Companies of all sizes and in all sectors operate shareholder agreements in much the same way as they make it clear as to what each shareholder will bring to the business, how the company shall be governed and provides a framework for compliance where a shareholder exits or retires from the business.
Chattertons corporate team advises on partnership and shareholder agreements