Lwyr Up

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Negotiating to restore shareholder relationships.

Lwyr Up
13 November 2020

Services

We assisted our client – a minority shareholder in two large Canberra-based private companies – to address concerns about management by the director/majority shareholder.

Work included advising the client in relation to options to plan for effective, smooth exit of both companies and future dispute resolution including valuation disputes.

Through negotiation and mediation the client secured agreement to a detailed buy-sell agreement included clauses aimed at addressing several known trigger points for friction in a fair and equitable manner, including a detailed pathway towards appointment of an alternate company accountant independent of the director/major shareholder.

Allyson Hogan is the Principal Solicitor and Legal Director of Namadgi Legal.

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