Shareholder Dispute Lawyer Washington, DC
Unfortunately, there are many common causes of shareholder disputes, and when this issue is facing your company, you need the help of a shareholder dispute lawyer Washington, DC trusts from Brown Kiely, LLP. Shareholders do not typically fit into a one-size-fits-all mold. Instead, it could be your neighbor who lives modestly down the street who owns one stock in a private company or a wealthy CEO. While these might seem like two very different types of shareholders, they are both important parts of a business and it is possible for either person to be involved in a shareholder dispute. Business disputes come up often no matter the type of business, and it can be beneficial to have a business lawyer Washington, DC trusts on your side. When shareholder disputes do come up, you want to ensure that you have a shareholder dispute lawyer in Washington, DC ready to help resolve these issues. For more information, please contact Brown Kiely, LLP to set up your first consultation.
What is a shareholder dispute?
A shareholder dispute happens when multiple shareholders disagree about detail(s) regarding the company. This could be anything from the company’s finances to how the company operates on a daily basis. It is important to note that the reason shareholder disputes can get out of hand so quickly is that the shareholders of the company have some sort of financial stake in the business, and thus want to ensure that their opinions and wants are not lost. Below, a Washington, DC shareholder dispute lawyer has compiled a list of some of the most common reasons shareholders get into disputes.
Top Three Reasons For Shareholder Disputes
- There is a Disagreement Over the Direction of the Company. Unfortunately, this is one of the most common reasons for disputes. A shareholder dispute lawyer in Washington, DC sees this most often with smaller companies. When it comes to the direction of the company—who works there, if the business should relocate, if the company should cease operations—everyone typically has a strong opinion.
- There is a Breach of the Shareholder Agreement. In these circumstances, a breach can happen if one of the shareholders wishes to terminate the agreement (when the other shareholders do not), or if a shareholder violates the agreement by trying to sell their shares. When this happens, it is especially important that you have a Washington, DC shareholder dispute lawyer on your side.
- There is a Lack of Respect. When it comes to who owns shares in a company, there may be a huge gap in how many shares one person has compared to the next. When this is the case, it is common that the minority shareholders get little respect from the majority shareholders. If you feel that your opinions and wants for a company are not being fairly listened to because you are a minority shareholder, you should seek the help of a Washington, DC shareholder dispute lawyer as soon as possible.
When it comes to shareholder disputes, it can be incredibly stressful, particularly if you feel that you have the company’s best interest at heart and your opinions are being ignored. When this is the case, you want to ensure that you have the legal representation on your side that you need. For more information on getting the right shareholder dispute lawyer Washington, DC shareholders rely on, contact Brown Kiely, LLP.