When Is It Time to Hire a Shareholder Dispute Lawyer?
If you run your own business, there are many issues that you can face, including shareholder disputes. When shareholder disputes arise, professional legal help is needed to resolve them properly. That is why you may want to hire a shareholder dispute lawyer. Here is a list of reasons for hiring a lawyer for your company:
What Are the Reasons to Hire a Shareholder Dispute Lawyer?
- Breach of the shareholder contract. If a shareholder fails to comply with the terms of the shareholder’s agreement, it is a good reason to hire a lawyer. Often, shareholders breach the contract by either transferring or selling assets or shares without following the terms in the agreement or by making a certain decision without the required majority vote. In this case, you need legal help to resolve this issue.
- If you are a minority shareholder and get no respect. Many minority shareholders feel oppressed because they have fewer shares than the majority shareholder. This is especially common in private corporations. If you are a minority shareholder and want your rights to be protected, you can bring a suit against the majority shareholders, and you may want to hire a lawyer.
- Differences in contribution and compensation. All shareholder-employees should be compensated in accordance with their training, experience, and industry. If a shareholder-employee is paid at a disparate rate, they may want to hire a lawyer who will protect their rights. Also, if one shareholder is not contributing their fair share, conflicts may arise that require legal assistance.
Gujral Law Professional Corporation, Mississauga – Shareholder Dispute Lawyer to Help Your Business
Are you looking for a shareholder dispute lawyer? Gujral Law Professional Corporation is a law firm located in Ontario, Canada, that covers various dispute matters. It has a strong reputation in Mississauga and other nearby towns for dispute resolution across many industries. Mr. Tarunjeet Gujral is an experienced lawyer who advises and counsels clients on the best and most efficient strategy to avoid or minimize shareholder disputes.
If you have any questions or want to book your first appointment, feel free to visit our website or call us at (647) 957-8077Back to Business Law Page