- Childcare arrangements and social distancing - The knock-on effects of the global pandemic are huge. This challenging time is particularly hard for separated parents, who may face challenges with maintaining on going childcare arrangements. Some of the problems being highlighted to our offices include: A parent becoming symptomatic and falling into the self-isolate category, being unable to assist with handovers and [...]
- The number of cohabitating couples is on the rise - The ONS (Office of National Statistics) completes UK-wide survey every year. The survey covers a range of demographics including living arrangements. The 2017 survey highlighted that cohabitating couples (couples who live together but are not married) were the fastest growing family type, and the 2018 report confirmed that the cohabitating couple were the second largest family type in the UK. The number of cohabitating couples grew by 3.4 million people from 2017 to 2018.
At Parrott & Coales, we have many years’ experience of resolving shareholder disputes, often without the need to embark on court proceedings. We can advise you on the practical steps that you might take to solve a problem and minimise its effect on your business.
Shareholder disputes can arise for a number of reasons. Sometimes they can be caused by a personality clash (especially in a family-run business); one shareholder may feel that others are performing badly/ not paying fair dividends/ or that there has been a conflict of interest.
Whatever the issue, it is vitally important that you seek our professional advice quickly, before matters escalate, so that we can help you minimise the risks to your business and its reputation.
If you are a shareholder and/or director, our experienced team can advise you on:
- Mediating to find an amicable resolution
- Derivative claims (where third party makes a claim against a director of your company)
- ‘Unfair prejudice’ claims brought by minority shareholders who feel they have been badly treated
- Buy-backs (when the company buys an aggrieved shareholder’s shares at a fair price)
- Negotiating agreements between shareholders e.g. over company governance or dividend payments
It always pays to anticipate disputes before they arise. Please ask us about drawing up a Shareholders’ Agreement and/or Articles for your business.