Shareholder disputes can arise in a number of ways, with common reasons being a fall out
over the management
and direction of the company, shareholders not pulling their weight or no longer working
with the business,
personal problems affecting business relationships, conflicts of interest, no dividend
concern over possible illegal or fraudulent activities by some or all members of the
Disputes often escalate because the parties don’t get advice early on about their rights and don’t understand the best options and strategies to follow..
Norrie & Daughters has worked on many shareholder disputes that have produced favourable outcomes for our clients and in some cases for all shareholders.
Each dispute has its own peculiarities and there are multiple options for resolving disputes, but the common element to obtaining a successful outcome to a dispute is:
Shareholder disputes or shareholder claims against directors that are unable to be resolved will become a significant distraction to the running of the business and will be expensive and may end up in court where if the shareholder positions are so entrenched the court may put the company into liquidation on just and equitable grounds.