When you accept a directorship, you take on a position of trust. When that trust is broken due to a breach of fiduciary duty, the fallout can be swift and serious, damaging reputations, careers, and businesses alike. In this guide, we explain what a breach of fiduciary duty looks like, the potential consequences, and […]
Breach of Fiduciary Duty: Everything You Need To Know Read More »
The court will not interfere in the matters of commercial judgment. Rather, the law looks at ‘unfair prejudice’. It difficult to claim something is unfair when all shareholders are treated equally. But if some or all members are treated differently, it can lead to a shareholder dispute. https://vimeo.com/794181745 You might be wondering about the different types
Common types of shareholder dispute Read More »
Shareholders can find themselves in dispute when one wishes to exit the business, the working relationship has broken down, or because another shareholder simply isn’t pulling their weight. Here’s a common chain of events when you’re involved in a shareholder dispute. You and your fellow shareholder might have started out as friends, so you might first
How to choose a shareholder dispute solicitor Read More »
“A person with an enterprising attitude says, ‘Find out what you can before action is taken.’ Do your homework. Do the research. Be prepared. Be resourceful. Do all you can in preparation of what’s to come”. Jim Rohn Entrepreneurs are by necessity energetic people. They strive to make things happen fast. If they have a
Shareholder disputes Read More »
I was recommended to Jeremy Boyle of Summit Law by another firm of lawyers to advise on a bitterly contested and complex shareholders’ dispute where I and a business partner were minority shareholders. There were several parties involved and a lengthy trial ensued which I am very pleased to say we won. Summit Law fought
Shareholder Dispute Testimonial Read More »
Remedies in Unfair Prejudice litigation In the last two instalments of our series on unfair prejudice petitions we considered valuation issues in outline and in particular concentrated on the Court’s approach to the valuation of the shares of the company involved. The valuation exercise is a usual course to take as the petitioner is normally
Shareholder and Director Disputes – Blog 8 Read More »
Valuation issues in shareholder disputes Introduction In last week’s blog we looked at the concept of “Fair Value” in the context of an unfair prejudice petition. This week we look at the different approaches to valuation that may be taken by the Court in the context of a shareholders’ dispute. We will be addressing these valuation issues
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Fair Value in Shareholder Disputes Introduction In last week’sblog we looked at some of the tactical considerations which shareholders ought to bear in mind when considering unfair prejudice litigation. This week and next week in considering various aspects of shareholders’ disputes we get to what it has all been about – the money. Will a
Shareholder and Director Disputes – Blog 6 Read More »
Book now to avoid disappointment Summit Law LLP invites you to their Shareholder Dispute Seminar at 6 PM on Wednesday, 2 April 2014 at Lincoln Inn’s prestigious Old Court Room. Please book by emailing [email protected] or calling (020) 7467 3980. Tactical considerations Introduction. In last week’s blog we looked at “unfair prejudice”. This week we
Shareholder and Director Disputes – Blog 5 Read More »
Introduction In last week’s blog we looked at who could complain to the court. This week we examine the meaning of “unfair prejudice”. S.994 petition Perhaps the greatest protection that your client has as a minority shareholder, is a right to petition the court for an order under section 994 Companies Act 2006 which provides
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