Checklist for partnership disputes and shareholder disputes involving partnerships at law, partnership agreements, articles of association, shareholders agreements and joint venture agreements
- What is the business being carried on
- Is the business currently solvent
- Is the business performance improving or deteriorating
- Who are the partners or shareholders
- Which partner or shareholder wants out or is required to leave, and why
- Is there hostility or already some agreement in principle
- Must all relationships with leaving party be terminated: employee, director, share holder, lender, guarantor, licensor, consultant, other; or might some continue
- Has there been a recent valuation, formal or informal, of the business?
- What agreements are in place that may affect exit
- What do the articles say; is there a partnership deed, shareholders agreement or joint venture agreement
- Which parties have financial strength to purchase the exiting party’s interest
- Are the remaining parties dependent upon the exiting party in any way?
- Are there any international dimensions EU and non EU
Please do get in touch to discuss your requirements.