Shareholder Exits solicitors in London and Essex
Running a business can be extremely regarding, both financially and emotionally. However, things do not always go to plan and this can cause problems, disagreements or even long and expensive disputes (which nobody wants). We have significant expertise in this area.
It is commonly the case that businesses have not put in place adequate legal documentation which sets out the procedure if a dispute arises. As such, it is essential to instruct a firm who can provide specialist advice to help resolve the situation. In our experience, it is normally best to try to resolve the dispute by way of negotiation, however we recognise that this is not always possible – especially if one party is acting unreasonably or forcefully.
If we are successful in negotiating a settlement on your behalf, we will use our vast experience to ensure that the settlement is structured in the most efficient way possible. For example, if you or another owner exits the business, it might be possible to structure the exit as a share buyback which allows the company to buy back the outgoing shareholder’s shares after which they are cancelled. A share buy back means that company funds may be used to fund the purchase and pay for some of the legal costs. Such a structure can also be very tax-efficient.
On the other hand, it is essential to make sure the chosen structure for the shareholder’s exit meets the applicable legal requirements. Failing to do so can have significant adverse legal and tax implications.
Our unique selling point is that we understand what clients want from their lawyers. We will manage your transaction proactively, with careful attention to detail while never losing sight of the bigger picture.
While working with us you will have access to our strong network of other professionals such as barristers, accountants, independent financial advisers and bankers.
We offer a range of pricing options and will be happy to discuss these with you. As a client-centred law firm, we will be transparent with you about our pricing and actively manage these in line with our agreements.
