Disputes between business partners and shareholders cover conflicts in privately owned companies and partnerships where control, profit sharing or managerial rights are disputed. A solicitor in this area handles breaches of shareholders’ or partners’ duties, disputes over control or minority protection, and remedies for oppression or unfair prejudice. They draft or respond to petitions and statements, advise on redress under the Companies Act 2006, prepare formal notices, and coordinate litigation in courts such as the High Court or county courts. They also navigate shareholder agreements, breach of fiduciary duties, and buy-out provisions.
What a solicitor handles in these matters
These matters involve complex rules about fiduciary duties, irrecoverable losses and the sequencing of remedies. A solicitor coordinates evidence, applies company and partnership law, and negotiates or prosecutes actions under statutes like the Companies Act 2006, to secure remedies such as buy-outs, injunctions, or damages.
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