Shareholder Disputes
Family Business
Case Study
- 100% Confidential & No Obligation
SHAREHOLDER BUSINESS MEDIATION
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.
SHAREHOLDER MEDIATION SOLUTION
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.
DISPUTE STATISTICS
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.
SHAREHOLDER & PARTNERSHIP
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