Chantelle Adadevoh explores everything advisers need to know about shareholder agreements
In the current climate, a lot of professional financial advisers are considering the sale of their businesses. This is always a tough decision, with many factors to weigh. But for some, it can be made much harder by the absence of a strong shareholders' agreement and bespoke articles of association. Without proper provision, the process can become messy, expensive, and delayed. The key to avoiding this is getting the shareholders' agreement and articles right. Whilst a company must have publicly available articles of association, a shareholders' agreement is an entirely optional pr...
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