Services

Shareholder
Disputes

Shareholder disputes can arise in a myriad of different ways. Whilst often aligned with perceived financial or performance issues, allegations of fraud, diversion of trade, excessive remuneration and trust issues often come into play.

Family businesses are not immune either, and shareholder disputes often arise as satellite litigation in other cases, such as unfair dismissal and matrimonial cases. Statistically , you have the same percentage risk of becoming embroiled in a dispute with your business partner as getting divorced. The similarities don’t end there either. Both are emotionally charged, complicated, drawn out, and tactically played, with catastrophic consequences for the parties concerned. When faced with this situation you need proactive collaborative advice to achieve the best outcome. We have created the team to achieve this for you in a timely and cost effective way.

Thursfields identifies that the best way to deal with a shareholder or partnership dispute is for lawyers in different teams to work collaboratively. These disputes have common themes, often needing the expertise of commercial, corporate and employment lawyers, as well as members of our dispute team. This is where we differentiate ourselves from almost all other firms acting in this area. In almost all cases, the other party is represented solely by a dispute lawyer. Even though that lawyer might be excellent at court procedure, it is unlikely that he or she will be familiar with the intricacies of Company or Employment law. We think that this is how we achieve a competitive advantage for our clients, as we can better plan the case on several different levels, utilising our expertise in these other legal disciplines.

As a testament to that process, most of these disputes are resolved, either without the intervention of the court, at a mediation or shortly after proceedings have commenced. This leads to less stress and expense for our clients. We will act for Companies, its directors, the majority shareholders or the aggrieved minority shareholders in these cases, as appropriate.

Our services include:
Unfair prejudice claims under s.994 of the Companies Act 2006
Just and equitable winding up claims under Insolvency legislation
Breach of director duties
Malfeasance claims
Derivative actions bought by a Company against its directors
Employment claims
Injunctions to prevent breaches of confidence and restrictive covenant breaches
Demerger (to split the business into distinct part)
Company buyback of its own shares
Share purchase agreements to reflect any share purchase negotiated

17/03/2020

Protecting Your Business – Coronavirus (COVID-19) | Corporate and Commercial Law

The Coronavirus (COVID-19) pandemic is of great concern to many businesses as they balance putting contingency plans in place to protect their staff’s wellbeing and also continue to provide their products and services to clients. Thursfields Solicitors is open for business as usual and has the resources and legal expertise to guide you. All of…

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Key team member

Stuart Price
Director, Commercial & Technology, Media and Telecoms

View full profile

Team

Tim Lawrence

Director, Dispute Resolution

Jane Rudge

Director, Commercial

Jade Linton

Senior Associate Solicitor, Employment & HR Law

Contact

Give us a call and we’ll get you to the right office and person to help you with your requirements.

T. 0345 20 73 72 8 T. 0345 20 73 72 8

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31/03/2020

Award-winning Herefordshire craft cider maker switches to direct online selling | Agriculture and Estates

backed by advice from Thursfields… With the nation’s pubs shut down by the coronavirus outbreak, one family-owned Herefordshire cider-maker is moving to direct online sales to protect jobs and the future of the business. Based on the farm in Bishops Frome their family has run for more than a century, Sue Vaughan and her brother…

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30/03/2020

Further guidance on commercial property measures – Coronavirus (COVID-19)

Thursfields Solicitors has issued further guidance to commercial tenants following Royal Assent for the Coronavirus Act 2020. Tony Gibb, Director and Head of the Commercial Property team said: “The Government has acted swiftly to try and protect commercial tenants, with the intention of securing continuity for high street and other businesses when the current restrictions…

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