Disputes can arise between shareholders and directors when trust breaks down within a company.
If problems are not addressed swiftly and decisively, there can be major disruption to the day-to-day running of the business.
Types of dispute can include what is called breach of fiduciary duty. This covers allegations that someone has failed to act in good faith or in the best interests of the company; that someone has acted beyond the powers granted by the company’s articles; that there has been a conflict of interest or someone has made an undeclared profit in secret.
Other disputes arise from serious allegations of commercial fraud or due to the company dissolution.
How we can help
Our approach to shareholder and director disputes at Else Solicitors is to gain a clear understanding of the problem promptly and sensitively with the intention of resolving the dispute in the most cost-effective and expedient manner possible.
Protecting the interests of our clients is of the greatest importance, so we acknowledge that mediation may be the best route to a solution. Within Else Solicitors we have skilled mediators who can facilitate productive meetings that frequently secure the best outcome for the client. However, if mediation fails, we can pursue litigation to secure the best possible outcome for you.
For more detailed legal advice in relation to shareholder and director disputes, please contact the dispute resolution team on 01283 526200, alternatively you can send us a message and we will get in touch at a time that suits you.