Business Shareholder Lawyer Irvine, CA
The importance of harmony among shareholders is rarely appreciated until a dispute emerges. With a small number of shareholders, disagreements can have effects that reverberate across the business in more ways than one.
With years of experience compiling shareholder agreements and negotiating terms, our Irvine, CA business shareholder lawyer will work to safeguard you and your interests, while also minimizing damage to the business. At Focus Law LA, we are dedicated to bringing a personal approach to our practice, holding integrity to the highest regard with every step we take.
Our Business Shareholder Lawyer Is Here To Help
Emotions may be heightened when dealing with disagreements among yourself and other shareholders. This can sometimes lead to regretful decisions driven by heated reactions on either side, which wouldn’t be as serious if it didn’t also pose risk to the business as a whole.
To maintain civility among shareholders, it is ideal that you seek guidance from our Irvine business shareholder lawyer. We know how to come to agreeable terms among parties and will provide legal advice to prevent similar issues from occurring in the future. There is no conflict too big or small—the sooner you seek help, the better off your business will be.
Types Of Disputes We Can Assist With
No two shareholder disputes are the same. Even in similar circumstances, an individual’s approach can completely change the outcome for the business. The best way to create the outcome you desire is to seek third-party help from a professional who is not personally invested in your business (but would obviously like to see it succeed).
There are unique technicalities set forth by each business in the original terms of agreement. Despite this, there are several areas we see come up as conflicts between shareholders often:
- Selling Price Disagreements. With life changes, it’s not surprising that a shareholder may want to sell their interest to another shareholder. When money is involved, it’s not rare that disagreements come up. If a price can’t be agreed on, this could present challenges that might affect the business’s performance.
- Profit Distribution. If expectations are clearly laid out in the beginning, profit distribution issues are less likely to come up. But if even one shareholder is unclear or does not agree with the company’s profit-sharing, it can cause tensions throughout the company.
- Breaches Of Shareholder Agreements. Unfortunately, even when guidelines are set forth in the beginning, individuals may still act in ways that benefit themselves, even at the expense of the other shareholders. Some examples of this include avoiding dividend payments, transferring or selling shares in prohibited ways, or pursuing a decision without receiving the majority agreement from other shareholders.
Collaborating with our Irvine business shareholder lawyer will likely ease the stress of attempting to come to a resolution with a difficult shareholder on your own.
If you would like to discuss your situation more, please don’t hesitate to reach out to our team at Focus Law LA for a consultation. We look forward to hearing from you.
Throughout the life of your business, it’s not uncommon that you will experience unexpected challenges. One of the problems that may come up are shareholder disputes. When two people are in business together, it’s not unlikely that they will disagree about a situation at some point.
What makes our Irvine, CA business shareholder lawyer essential in resolving these conflicts is that they have over 25 years of experience representing individuals facing business litigation issues. Collaborating with our team at Focus Law LA will give you peace of mind in knowing that you are supported in whatever legal battles come your way.
Our Business Shareholder Lawyer Is Here To Help
Without insight from a professional, you may be further putting your business at risk of financial loss and operational disruption. With our years of practice, we can effectively identify the most streamlined and economical strategies to achieve resolve.
There are a number of complexities that arise in commercial legal disputes. Our Irvine business shareholder lawyer wants you to be able to focus on your business’s stability and performance even during conflict. We know how much your company means to you and will fight to ensure your hard work is not wasted.
How To Prevent Shareholder Disputes
Not all conflicts are avoidable, but you can always implement strategies to put prevention first. This can save a lot of headache later, even if in the short-term it feels like more work. We have found the following methods work to keep conflicts at bay in most cases:
- Clear Communication Between Parties. It may sound obvious, but being honest and open about your experience—whether that’s life struggles you’re facing or the performance you expect from other shareholders—is key to preventing miscommunication in the future. If you have questions or challenges, make them known. People don’t know what they don’t know.
- Creating & Revisiting A Shareholder Agreement. When a contract outlines roles and responsibilities from the get-go, there tends to be less questions about each shareholder’s part in the company. Of course, situations change, so making it a goal to sit down with all shareholders and reconceptualize an agreement (when necessary) can go a long way.
- Prioritize Meetings. Often, we feel like most meetings can take place over email or not happen at all. Even if this is sometimes the case, the presence of meetings in smaller companies can prove to be crucial in the business’s continued growth. Investing in a company poses risks, and it is paramount that all shareholders are on the same page. Meetings are a great place to bring up concerns and thoughts in an environment built to implement feedback from all parties.
Even by prioritizing prevention, it is possible you may be put in a position where you have to pursue legal action. Understanding your options can be a huge part in your success, and our Irvine business shareholder lawyer makes it a top concern to highlight the pros and cons of each route available.
Please don’t hesitate to contact our legal team at Focus Law LA if you would like to chat more about your circumstances.
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