Minority Shareholder winding up – just and equitable?

Minority Shareholder winding up – just and equitable?   As a minority shareholder, sometimes the only option that you can see is to try and put an end to the company. Here, we look at what this means and whether it is a suitable option for you.   When should winding up the company be considered as an option?   As a minority shareholder, it is open to you to ask the Court for a winding up order, on the ground that it is “just and…

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Title: Winding up a company in debt: the death knell for a debtor?

At Tiger Law, w e have successfully wound up companies and , on the other side of the coin, we  have also successfully  blocked  people trying to wind up our clients  and saved them  from aggressive creditors .    We have seen many clients  considering starting insolvency proceedings against a debtor  themselves   or  either threatened with insolvency proceedings .  Whichever side of the proceedings you fall on,  once the winding up process is embarked upon,  it can be a…

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Decision Making within a Company

The decisions made within a Company are either the Directors’ responsibility or fall on the shareholders. Whilst quite often, a shareholder will also be a director (and vice versa), it is important to keep the decisions to be made separate. The shareholders make decisions as owners, and the directors make decisions as the managers of the company. When setting up a company, it is often the case that the initial members (shareholders) and directors are friendly and anticipate no issues with…

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Conflict of Interest: A director’s duty to disclose

Conflict of Interest A director’s duty to disclose We’ve been hearing the term “Conflict of Interest” bandied about quite a bit lately, especially in some of the – erm – interesting news items coming from across the Pond. It’s a serious matter and not just for Presidents and their families, UK company directors are subject to some very strict regulations regarding how they manage their various roles and interests. These laws can apply to members of their immediate families too,…

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Fair Shares: Shareholder Agreements for the Real World

Fair Shares Shareholder Agreements for the Real World At their best, as with all legal documents, Shareholders' Agreements are about creating successful business relationships based on clarity and understanding of each other's rights and responsibilities. As legal advisors, our role is to ensure that you have covered and provided for both typical and unexpected events that might alter or have an impact on your control of what is rightfully yours. The goal is to ensure that everyone involved is protected…

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