A shareholders’ agreement is an arrangement that describes how to run a corporation and protect the interests of the shareholders and the business. It often contains provisions regarding fair dealings with minority stakeholders, the appointment of directors, and accepting new shareholders. At DLegal, we help you create appropriate checks and balances and effective mechanisms for resolving problems between shareholders in light of the company’s best interests.
Shareholders are one of the most critical stakeholders in a company as they provide the capital essential for businesses to grow and expand. Without shareholders, many businesses would struggle to survive. Therefore, it is in companies’ best interests to keep their shareholders happy. However, it is also important to preserve the interests of the corporation to make sure it operates successfully in the interests of its staff, public, and other stakeholders.
Having a shareholders agreement in place can help to avoid disputes between shareholders, make it easier to run the business, and prevent and circumvent conflicts. However, no two shareholders agreements are made equal. Therefore, it is crucial to consult an attorney to craft your shareholder’s agreement or review it before signing it.GET IN TOUCH