Shareholder Rights and Remedies
A company shareholder is a person that owns shares in a company but has no direct influence over how a business is run. Disputes between shareholders and directors will occur when a shareholder disagrees with activity within a company and believes formal intervention is necessary.
The usual remedies available to a shareholder are an unfair prejudice petition, derivative action or a winding up petition on just and equitable grounds.
Common reasons for shareholders to bring an action against a company includes;
- Director negligence which prejudices the interests of a shareholder
- Mismanagement resulting in financial loss
- Failure to pay dividends
- Excessive remuneration for directors
- Inequitable conduct by the directors
- Breach of director’s statutory duties
- Breach of trust by a director or shadow director
We advise both shareholders and company directors in the management of shareholders disputes. Whether you are seeking to raise a claim or your company is defending a claim from a shareholder we have the expertise and knowledge to help you.
To understand more about shareholder disputes, read our blog on Shareholder rights and Remedies: How can I resolve a shareholder dispute?
Speak to an experienced litigation solicitor today
Our team at Lincoln & Rowe are highly experienced negotiators with extensive understanding in mediation, arbitration and adjudication. We understand that clients want a straightforward and practical approach from a legal team they trust, to find a swift and cost-effective solution to their legal dispute.
Make an online enquiry, send an email to firstname.lastname@example.org or call us on +44 (0)20 3968 6030.
Who we can help
Our commercial solicitors at Lincoln & Rowe possess significant experience in dispute resolution, gained from years advising on high-value and complex litigation. We act for individuals, owner managed enterprises, national and international businesses based in the UK and abroad, in a range of jurisdictions. We advise both claimants and defendants on issues relating to disputes between or with shareholders and their directors.
Where can you find us?
Lincoln & Rowe Solicitors are based in the heart of London and just a few minutes’ walk from the Royal Courts of Justice. Our full address is 81 Chancery Lane, London WC2A 1DD.