A good Shareholder Agreement is like a fence at the top of a cliff, which stops company owners from falling over the edge and into the hands of lawyers who wait in the ambulance parked beside the rocks below. This book explains in easy to understand language what a Shareholder Agreement does, the common clauses it contains and when it is best to put one in place. I have found that most client meetings I attend to discuss Shareholder Agreements follow a familiar script. Company owners ask similar questions, have common worries, want to achieve matching outcomes and, in response, I give them the same answers. The result is `Shareholder Agreements: the 30 minute guide', which explains the typical issues that arise when company owners want to put in place a Shareholder Agreement and how to overcome them. Part One explains what a Shareholder Agreement is, who needs one and when it is best to think about getting one. Part Two explores the most common clauses that 99% of company owners ask for in their Shareholder Agreement. Finally, Part Three highlights some thorny legal issues to watch out for when finalising your Shareholder Agreement. My aim is to demystify Shareholder Agreements for business advisers and accountants who often become the first contact for company owners with a question about making a Shareholder Agreement. This book will also be helpful for company owners who feel comfortable building their own Shareholder Agreement from a template they have purchased. By the time you have read this book you will understand how a Shareholder Agreement will protect company owners against unexpected life events, why a Shareholder Agreement is sometimes called a `Business Will' and what to ask your lawyer when you are ready to put in place your own Shareholder Agreement.
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Product Details
Dimensions: 148 x 210mm
Publication Date: 14 Mar 2016
Publisher: The Endless Bookcase
Publication City/Country: United Kingdom
Language: English
ISBN13: 9781908941565
About David Hughes
I am a company lawyer. But I try hard not to be a typical one. Or at least to be a modern one. I tweet write blogs run networking events and write books to share the legal knowledge I have picked up over the years. Background: I qualified and worked as a corporate solicitor in a commercial law firms around Hertfordshire. I have worked with all sizes of company over the years from the very smallest family run businesses to the owners of the London Aquarium on their sale to the Madame Tussards group. What I do: Some years ago I decided to leave the big commercial law firm I was working for and set up a niche company law consultancy called Canopy Law. I now spend my days using my expertise to help company owners in two ways: Firstly by advising company owners on how to manage the business relationship between themselves via a `Shareholder Agreement'. A Shareholder Agreement is sometimes referred to as a `living will' for a company. Secondly by assisting company owners through the process of buying or selling a business. I decided when I founded Canopy Law that the legal process needed to be kept really simple and sensible - for example I don't charge by the hour. Everything I do is on a fixed fee. The guiding principle is that it doesn't matter how long it takes to cook the meal it is the final taste that defines the quality. Why I decided to become an author: A lot of what I do is simple or at least it seems simple to me. The most valuable advice that I provide is not usually on the finer detail of the Companies Act but is in sharing the benefit of my years of experience of what other company owners decided to do what the pitfalls were and how they avoided them. I have found that most client meetings I attend to discuss shareholder agreements follow a familiar script. The company owners ask similar questions have common worries want to achieve matching outcomes and in response I give them the same answers. I realised that I could provide the benefit of my experience via an easy to digest guide that is available to all company owners wherever they are at any time of the day or night for a fraction of the cost of meeting with a solicitor. The result is `Shareholder Agreements: the 60 minute guide' which explains the typical issues that arise when company owners want to put in place a shareholder agreement and how to overcome them.