It was crisis time and you ladies stepped up to the plate
Just a quick note to thank you for helping out! It was crisis time and you ladies stepped up to the plate (baseball term). I appreciate your help and apologies for all the phone calls.Professional Golfer
Vaida has done a wonderful job and has been very responsive with the daily crises of submitting our Tier 1 application. She has been extremely patient with us as well so we are very grateful to both Rahul and Vaida. Honestly we were shocked but overjoyed that the visa was approved so readily and without an interview or additional documentation. We wish you the best and thank you so much for your help and support.Kevin and Jane
Happy to recommend
A good friend had recommended Amisha from Hudson McKenzie. I needed help with my application for British Citizenship and was looking for a competent lawyer to help with the process. I was not disappointed: Amisha and her colleague Vaida were very competent and personable at the same time. Very approachable and friendly and happy to help, advise and reassure all the way through the process. Thank you very much, both of you, you made a stressful time just that bit easier. Happy to recommend!Gabriella Z
Very grateful for your service!
It was a great experience working with your company and you Amisha, in terms of knowledge on the processes involved in getting Tier 2 and in terms to professionalism, we have learnt a lot from you.You are one of the finest Customer Support Representative I have ever met, your patience towards answering several questions left me amazed. Your calmness has left me dazzled for sure you will be one of my examples during my training's for Customer Service along with several other world renowned companies’ experiences.Amisha, you are an example of how customer service should be experienced with customers, you have set very high expectations for us as a company to handle our customers and clients as well. You are a big asset to your firm.Thank you once again for your incredible service! We shall get back to you if we need any other professional help or service in the near future.Harish
I would like to personally thank you for helping me in this matter, you have been absolutely amazing!Ms. Frew
Commercial Solicitors London
Being a shareholder in a company can be a very attractive position to be in. Not only will you get to play an active part in deciding, along with the firm’s management, the overall direction of the business, you will also likely be able to benefit from the business’s success through dividends.
However, it should be pointed out that shareholders also deal with a significant degree of risk. Circumstances can be complicated and shareholders’ interests can be overruled in situations where they only enjoy a minority interest in a business, with no way of influencing decisions agreed by the majority. It is in these instances that a Shareholder Agreement can be very useful.
At Hudson McKenzie, our commercial solicitors in London are routinely asked to advise on the use of Shareholders’ Agreements for various different kinds of business. If this is something that you would like to know more about, our team will be happy to speak to you.
What is a Shareholder Agreement?
As owners of a company, shareholders will not want their business to be ran in such a way that the value of their shareholding is decreased, or for decisions to be taken by those with significant share holdings, i.e. majority shareholders, which could damage the long term sustainability of the business. A Shareholders’ Agreement is essentially a contract between the shareholders in a company – regardless as to their actually shareholding regulating certain matters such as how voting rights will be regulated and disputes between shareholders will be resolved.
How do Shareholder Agreements work?
While Shareholders’ Agreements are drafted to reflect particular circumstances, generally they will prevent any majority shareholder from using their holdings in a company to force other shareholders into a particular decision. In other words, they prevent an abuse of power.
The point of these agreements is that, without them, decision-making on company business will rest with those who have the most voting rights. This would not normally be an issue in everyday decision-making, but could have a significant impact when dealing with decisions that affect the way the company is run, or in major decisions affecting the business’s future.
What should normally be included in a Shareholder Agreement?
It is difficult to prescribe what should be contained in a Shareholders’ Agreement – their content will be based on the particular business they are related to. However, it is important to understand that without a Shareholders’ Agreement, shareholders that have a larger holding in a company are afforded more rights under UK company law.
They may decide to influence the appointment of directors to reflect their interests, drain the business’s finance or attempt to dilute the existing shareholding of the company. Shareholders’ Agreements, generally, are used in order to restrict the ability of majority shareholders to take these kinds of decisions, thereby protecting the interests of other shareholders and the stability of the business.
Who can help in creating a Shareholder Agreement?
Hudson McKenzie is a leading provider of corporate law advice to businesses of all sizes, operating across a range of sectors and industries. Our team are pragmatic, commercially minded lawyers who draft Shareholders’ Agreements that are tailored to the needs of the business, and prevent majority shareholders from abusing their power to the detriment of their fellow shareholders.
Contact our Corporate Solicitors in London
For further information, please contact our Corporate Solicitors in London – click here or call us on +44 (0)20 3318 5794.