New step-by-step guide helps navigate disputes between shareholders
“The correct path to resolution will very much depend on the specific circumstances of a dispute. But, while there's no single solution, our guide aims to give companies clear direction on the steps they should take.” Satnam Chayra, Partner at Howes Percival
Leading regional law firm Howes Percival has launched a free, online guide to help companies manage a dispute between shareholders.
The new guide, entitled ‘Shareholder dispute', is part of the firm's ‘Litigation Maze' series, designed to ensure organisations stay on the right side of the law and complex issues are handled correctly.
Using a flow-chart format, the guide shows, at a glance, the route that a company needs to take at any stage of a dispute. The aim is to put the business on the right track to manage a resolution in a cost-effective manner - and, if necessary, show them the best time to instruct a lawyer.
Commenting on the launch of the new guide Satnam Chayra, Partner at Howes Percival said, "Getting embroiled in a share-holder dispute can be time-consuming, expensive and will un- doubtedly have a negative impact on the smooth running of the business. Unfortunately, personal relationships in a business can sour. When this happens, emotions can run high which can make a dispute all the harder to resolve.
"To help safeguard the business and help prevent a dispute escalating, it's essential to act swiftly. The correct path to resolution will very much depend on the specific circumstances of a dispute. But, while there's no single solution, our guide aims to give companies clear direction on the steps they should take. We always encourage parties to a dispute to seek professional help early, in the long-run, this approach is generally less costly and time consuming for the business."
Howes Percival's Commercial Litigation and Dispute Resolution team advises on both national and international commercial disputes for businesses, government clients and individuals and have expertise in dealing with complex, high value and high-pro le cases. ey specialise in disputes that require urgent court action such as injunctions, freezing orders and search and seize orders.