Internal disputes between those running a company have a devastating effect on the company, its employees, its shareholders and the directors themselves.
It is crucial that the appropriate action is taken to obtain a quick result, so as to avoid paralysis of the company. This action may include injunctive relief or settlement by negotiation/mediation.
The resolution of a dispute can be assisted by having in place a clear memorandum of association and articles of association, setting out a mechanism for resolution of disputes that arise. We can advise on the drafting of these.
At KBL we can deal with all aspects of settlement terms reached, for example preparing the share sale agreement if one shareholder is to buy out the otherís interest. For more information please visit our Corporate & Commercial page.