- Investment Agreements
- Majority/Minority Shareholders’ Agreements
- 50/50 Joint Venture Shareholders’ Agreements
- Investor Exit Provisions
- Minority Shareholder Protection
- Anti Dilution Protection
- Management & Shareholder Disputes
Every business or joint venture starts out with the best intentions and no one ever likes to think about what will happen if it goes wrong. Unfortunately, things can and do go wrong, more often than you think.
Having a formal shareholders’ agreement which sets out clearly what rights and entitlements each shareholder has in relation to the company and which provides a mechanism for resolving disagreements, can be the lifeline that a company needs to survive.
Whilst the day to day management of a company falls to the board of directors, a shareholders’ agreement can reserve certain decisions to the shareholders. It can also deal with matters such as board representation, financing for the company, annual budgets and provision of information to shareholders, non-compete restrictions and exit strategies, amongst many other things.
“Howat Avraam Solicitors’ are the go to lawyers for pro-active and practical legal advice. Their ability to apply their legal expertise to the commercial realities of my business and understand the fine balance between business common sense and legal protection, has proved invaluable. Any business fortunate enough to have Howat Avraam in its corner is a winner.”
Chris Stratos – Director of CM Delta Limited
Examples of our work
in case these intentions start to differ. Having invested so much time and money into a business, there is simply no benefit to leaving matters to chance and a bespoke Shareholders’ Agreement will comprehensively deal with issues such as managing disagreement, 50:50 deadlock, decision making powers, restrictions on share transfers, funding, company sale issues and exit strategies.
A good business idea and a profitable business can stand for nothing if the internal relationships between the directors and shareholders break down. When this happens, mistrust and disputes often start to surface, which, if not dealt with quickly, can cause huge harm to ongoing trade and a company’s value.Less
Investment and Share Issue
lf as (amongst other things) the issuing of new shares can have the effect of diluting existing shareholdings, which can lead to claims of shareholder prejudice. Care must be taken as to the process and the underlying arrangement of any share issue or investment opportunity.Less
Decision-making & Resolutions
de. These meetings must be minuted and any decisions made (generally referred to as “Resolutions”) must be formally recorded. Failure to do so is a breach of the Companies Act 2006.
Limited Liability Partnerships operate by reference to both the Limited Liability Partnerships Act 2000 as well as any Partnership Agreement in place. As with Limited Companies, strict compliance is required in order to avoid dispute or disruption to the business.Less
Preparing Your Company for Sale
the company is ready to undergo the due diligence process.Less
Company Sale & Purchase
in all transactions that the legal ownership of the assets or shares is properly transferred and that the terms on which the transfer takes place are clearly recorded. Wherever possible, areas of risk must be identified early and the necessary protections included in the transaction documents.Less
and potentially costly risks in the course of business by signing up to onerous terms which, with our expert guidance, could be amended or avoided completely.Less
Terms & Conditions
gside our commercial clients in establishing best practice to ensure that their Terms & Conditions bind to their contracts and take precedence over those of the other contracting party.Less
Employee & Director Contracts
and obligations. They can also impose the necessary restrictions during and post-employment in order to safeguard the business.
These restrictions include enhanced notice periods to allow for a suitable replacement as well as the restrictive covenants required to protect a company’s competitive edge, including its client relationships, supplier details and all confidential information.Less
Niki Avraam is a superb employment lawyer and has given us very good advice over the years. As a firm they are astute, commercially aware people who demonstrate care and professionalism in all that they do.
I am very pleased with the service from Howat Avrraam Solicitors. Frezyderm UK
Niki was a wonderful support at a time I really needed expert legal advice. She ensured a fair outcome and was always available for discussions about my case. I can't recommend Niki highly enough.
I needed urgent legal support on an employment settlement aggreement and their swift response and concise professional opinion and recomendation really took the pressure off.
Howat Avraam Solicitors’ proposition to effectively be our in-house legal team was precisely what we needed as a start-up company. From Company registration to a Shareholders’ Agreement, Company Secretarial duties, advice on Board structure, commercial contracts from office leases to aircraft acquisition and, remarkably, Directors’ and Staff employment contracts, all under one roof! They are totally professional and easy to deal with and I believe that this is the future of legal support. I cannot recommend them highly enough.
Selling the company that I founded 20 years ago was a stressful experience but Matthew, Niki and their team couldn’t have done more to ease the process. Their personal and no-nonsense approach demystified the legal process and got the job done with minimal fuss.