Shareholder Disputes
Family Business
Case Study

Shareholder disputes, two brothers were minority shareholders in a construction company, due to ongoing difficulties their employment was terminated they petitioned the court for the defendant their uncle to buy their shareholding and repay £220,000 of dividends that they claimed had been due to them and withheld.

The mediation was tense and difficult to say the least, the uncle accepted that there was a legitimate claim re the dividends but disputed the amount in question. The parties agreed to settle for £350,000 which comprised of the shares and dividend issues.

The mediation took 1 day compared to the year these shareholder disputes had already gone on.

The mediation cost each party only a fraction compared to the thousands they had already spent on legal fees and the thousands they would have had to spend had they continued with Court action.

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