The very essence of a company lies in several individuals coming together as part of a common project. If this shared vision is the essential prerequisite to establishing the company, it does not preclude disagreements from arising at a later date. It can be extremely difficult to foresee all of the challenges that shareholders and partners will face in the course of business. Disputes that arise and which cannot be resolved can sometimes jeopardise the company’s very survival.
Signing shareholders’ (or partnership) agreements, when relations are still harmonious, allows for the establishment of mechanisms to resolve any such potential disputes. Setting down the common objectives of the partners involved also helps to avoid potential disagreements. Drawn up and signed without the assistance of a notary, such agreements offer greater flexibility than making amendments to the company’s articles.
With its proven track record in drafting shareholders’ agreements and wealth of experience in resolving disputes arising from the absence of such agreements, T&CO is fully able to provide assistance in preparing any shareholders’ or partnership agreements, from the simplest through to the most complex.