Owning shares in a private company is a unique type of investment. Responsibilities often fall upon the shoulders of shareholders to determine how the company is financed and its overall direction. In particular when shareholders include arms-length investors and non-family members, a shareholder agreement is an important mechanism to provide certainty for shareholders and for the business when faced with a change in circumstances.
Law Office of Eugene Dankanych is a business office law boutique located in Toronto. Our decades of practice in this region, specifically in the areas of corporate-commercial and real estate law, have added to our experience and expertise in the areas of shareholder agreements.
Ontario Business Shareholder Lawyers
Following the growth of a family-owned and-operated business, additional financing requirements may have led to receipt of funds from an outside investor who has received company shares in return for the investment. In order to protect the interests of all shareholders, as well as the interests of the business, a shareholder agreement may be considered.
A shareholder agreement sets out the rules that govern shares issues, and shareholders, in a variety of scenarios. Among the issues that a shareholder agreement can address include:
- Who manages the company
- Financing obligations of shareholders
- Share transfer restrictions
- Compulsory buyouts
- Implications of the death or incapacity of a shareholder
- Shareholder default
- Non-competition and confidentiality
At Law Office of Eugene Dankanych, we learn about the breadth of our clients' business operations as well as their individual financial and personal needs. With this information we can advise on the shareholder agreement provisions most appropriate to achieve their goals.
Contact Us
To speak with our lawyer about shareholder agreements, partner agreements or other business law needs, schedule an appointment to meet with our firm. Contact us online or call us at +1(416) 939-5615.