All shareholders of a corporation should sign a well drafted shareholders’ agreement to govern the affairs of the corporation and the relationship between shareholders – it is just smart business. Conflicts and disagreements between shareholders are common factors that impede an otherwise successful business from moving forward to achieve the goals you have set. As an experienced and trusted business law firm located in Toronto, we can help protect your corporation and its shareholders avoid these problems by preparing a shareholders’ agreement that governs the relationship between shareholders.
Let our expert team guide you through rights related to share transfers, shareholder loans, unanimous approval requirements and ownership structure. With such a wide variety of issues to prepare your business for, you need a business law firm that has a proven track record of advising and drafting shareholders’ agreements for small, medium and large business clients in Toronto.
Why Create A Shareholders’ Agreement For Your Business In Toronto?
We can answer your questions regarding organizational structures, the death of shareholders, majority and minority ownership issues, buy-sell provisions, issuing new shares and general decision-making powers, but these are just some of the issues that are important when drafting a shareholders’ agreement. Our team has the knowledge and experience to help you prepare for all the issues and we pride ourselves on acting as trusted business advisors who always look out for our client’s best interests.
Did you know that majority shareholders also need a shareholders’ agreement? When you business has minority shareholders, it is important to be forward looking about how you want to handle the selling of shares. Issues such as drag-along rights that ensure your minority shareholders cannot block a sale of all the shares in the corporation are important concepts that we can guide you through.