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Shareholder disputes - be careful! - Jarmans Solicitors

Shareholder disputes – be careful!

September 29, 2022 ryma Comments Off

We are acting on a number of minority shareholder / unfair prejudice petitions. It is important that advice is taken early, particularly if the other shareholders / directors are misusing company funds, which may necessitate an injunction. It is important to remember that you must have clean hands and that company funds cannot be used to fund legal fees if you are acting as an individual shareholder (as opposed to on behalf of the company) in such petitions, even if a loan, so please take advice from us as to best next steps, as this can otherwise leave you in a catch-22.

We have much experience in respect of company / partnership / shareholder disputes.