We assist both company directors and shareholders in providing advice, negotiation, drafting of Shareholders Agreements.
If you’re setting up a company with multiple shareholders in Queensland, you will undoubtedly require a shareholder’s agreement. Having a tailored Shareholders Agreement is a necessity for a company when there is more than one shareholder.
Shareholder Agreements need to consider a range of issues that could arise in the business. From defining the class of shares, rights of shareholders, obligations of shareholders to what happens when a shareholder sells their shares. It requires knowledge of the Corporations Act 2001 and corporate governance to ensure the shareholders agreement is effective.
Our team of experienced commercial lawyers can help you craft a shareholder agreement that caters specifically to your company’s needs.
We understand the legal compliance and complexities of the Corporations Act and how shareholders operate in reality and the issues that arise. Having a shareholders agreement tailored will require some analysis of what rights the shareholders to have and the different types of shares they will have. Other issues such as share buybacks and voting rights require careful consideration to avoid issues in the future.
Aside from shareholders agreements we can also investigate whether amending the company’s constitution or replaceable rules may be a better option.