When entering into business with another party, a shareholders’ agreement or partnership agreement should be implemented from the outset, setting out the rights and obligations of each party and addressing the mechanisms to resolve disputes should they arise.

The Corporate team at MKB Law assists in drafting a bespoke Shareholders Agreement tailored to suit individual business structures and requirements.

One of the benefits of a shareholders’ agreement is that the affairs of a company can be regulated privately without the public observation that can attach to the company’s articles of association. For businesses that are unincorporated or for LLPs, having a partnership agreement in place at the start can provide many of the same benefits as a shareholders’ agreement.

Areas of Focus:

• Documenting the rights and obligations of shareholders
• Documenting how share transfers are to be dealt with
• Preventing shareholders from blocking business sales
• Controlling dilution of shares
• Documenting the mechanisms for resolving potential disputes among shareholders
• Minority shareholders protection
• Drafting bespoke Articles of Association to complement shareholders agreements