Generated by All in One SEO v5.0.1.1, this is an llms.txt file, used by LLMs to index the site. # David Hughes Corporate & Commercial Solicitor ## Sitemaps - [XML Sitemap](https://shareholderagreementsolicitor.co.uk/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Share re-organisation guide for business](https://shareholderagreementsolicitor.co.uk/2015/02/22/share-re-organisation-guide/) - Renaming or re-designation of shares Re-classification or re-designation is the process of converting issued shares from one class or group into another. The terms “re-designation”, “re-classification”, “re-naming” or “converting” of shares are inter-changeable and all mean the same thing. The process is referred to as share re-designation in the Companies Act 2006, however the process - [How to Change a Company’s Articles of Association: A quick guide under English law](https://shareholderagreementsolicitor.co.uk/2024/06/05/how-to-change-a-companys-articles-of-association-a-quick-guide-under-english-law/) - Changing the articles of association of a company registered in England & Wales involves several steps and must comply with specific legal requirements... - [Shareholder Agreement Solicitor](https://shareholderagreementsolicitor.co.uk/2011/10/26/shareholder-agreement-solicitor/) - A Shareholder Agreement is a business protection document that regulates the relationship between company owners/shareholders. It is a bit like a 'business Will', it provides clarity and a process for sorting out who owns what if the business relationship breaks down. Most companies that are owner-managed by two or more shareholders should think about a - [How to deal with an ex-employee who still has shares in the company](https://shareholderagreementsolicitor.co.uk/2013/01/20/how-to-deal-with-an-ex-employee-who-still-has-shares-in-the-company/) - My ex-employee still has shares in my company. Does she have any right to see the accounts of my company now that she has left the business? - [Do shareholders have the right to receive a share certificate?](https://shareholderagreementsolicitor.co.uk/2014/10/20/do-shareholders-have-the-right-to-receive-a-share-certificate/) - I am the director of a company. We have issued 5% of the shares to a key sales employee. He has asked for a share certificate. None of the other shareholders have been given share certificates in the past. Do we need to create a share certificate for him? - [What happens if a joint shareholder dies?](https://shareholderagreementsolicitor.co.uk/2015/01/20/what-happens-if-a-joint-shareholder-dies/) - If a joint shareholder dies, his or her shares pass automatically to the remaining joint holder(s) rather than under the deceased shareholders Will or the law of intestacy. - [Creating different classes of shares](https://shareholderagreementsolicitor.co.uk/2015/05/19/creating-different-classes-of-shares/) - Different classes of shares can carry different rights, such as the right to vote at shareholder meetings, the right to receive dividends, or the right to receive a share of the sale proceeds when the company is sold. - [How do shares transfer under a shareholder agreement?](https://shareholderagreementsolicitor.co.uk/2015/11/19/how-do-shares-transfer-under-a-shareholder-agreement/) - A Shareholder Agreement can deal with what happens to that business partner’s shares if he does decide to leave. - [Shareholder Agreements: Worst Case Events](https://shareholderagreementsolicitor.co.uk/2016/03/19/shareholder-agreements-worst-case-events/) - A Shareholder Agreement can remove any uncertainty and ambiguity, ensuring that all shareholders comply with an ethical code that suits your company. - [Should a Shareholder Agreement be executed as a deed or simply signed?](https://shareholderagreementsolicitor.co.uk/2016/06/19/should-a-shareholder-agreement-be-executed-as-a-deed-or-simply-signed/) - Should my shareholder agreement be signed as a deed? Or should it be signed as a contract without a witness? Does it matter? - [What is share dilution in a shareholder agreement?](https://shareholderagreementsolicitor.co.uk/2016/10/19/what-is-share-dilution-in-a-shareholder-agreement/) - “Diluting shares” is what happens from issuing new shares to certain shareholders to reduce the percentage of one of the shareholders. - [What are the main reasons for shareholder disputes and how can they be avoided?](https://shareholderagreementsolicitor.co.uk/2017/05/22/what-are-the-main-reasons-for-shareholder-disputes-and-how-can-they-be-avoided/) - Being in business with a partner is a bit like a business marriage. It requires good communication, mutual understanding and respect and also empathy for one another. The 'business' divorce rate is about the same as the marital divorce rate - which is to say that somewhere between a third and a half of business - [CASE STUDY: I was unfairly sacked so that the majority shareholder of the company could buy my shares back at a discount!](https://shareholderagreementsolicitor.co.uk/2017/08/22/case-study-i-was-unfairly-sacked-so-that-the-majority-shareholder-of-the-company-could-buy-my-shares-back-at-a-discount/) - In a recent Court decision the judge was asked to consider whether a shareholder’s forced sale of shares at a discount was legal or whether it was an act of unfair prejudice designed to obtain that shareholder’s shares at a discount. Adam owned and controlled a company called “Adbrico”, that operated a national business. Brian - [What do investors look for in a shareholder agreement?](https://shareholderagreementsolicitor.co.uk/2017/10/22/what-do-investors-look-for-in-a-shareholder-agreement/) - Why do negotiations between and investor and founder shareholders typically break down? What are the deal-breakers? Typically, economics are not the reason that investors step away from negotiations to take a stake in a company. It is more often about the control terms in the shareholder agreement. Will an investor want a right of veto - [How to balance power and control in a shareholder agreement?](https://shareholderagreementsolicitor.co.uk/2017/12/19/how-to-balance-power-and-control-in-a-shareholder-agreement/) - Who, what, why, when and how. These are the key questions relating to your company structure that a Shareholder Agreement can help keep track of. - [What is a shareholder agreement?](https://shareholderagreementsolicitor.co.uk/2018/05/19/what-is-a-shareholder-agreement/) - A Shareholder Agreement is simply a private contract between the shareholders that sets out the rules which must be followed in the life of a company. ## Pages - [Blog](https://shareholderagreementsolicitor.co.uk/blog/) ## Downloads - [Shareholder Agreement Guide](https://shareholderagreementsolicitor.co.uk/sdm_downloads/shareholder-agreement-guide/) ## Categories - [Shareholder agreements](https://shareholderagreementsolicitor.co.uk/category/shareholder-agreements/) - [Share re-organisation](https://shareholderagreementsolicitor.co.uk/category/share_re-organisation/) - [Investors](https://shareholderagreementsolicitor.co.uk/category/investors/) - [Shareholder disputes](https://shareholderagreementsolicitor.co.uk/category/shareholder-disputes/) - [Case Study](https://shareholderagreementsolicitor.co.uk/category/case-study/) ## Tags - [Shareholder agreement solicitor](https://shareholderagreementsolicitor.co.uk/tag/shareholder-agreement-solicitor/) - [Cross-option agreement](https://shareholderagreementsolicitor.co.uk/tag/cross-option-agreement/) - [key shareholder decisions](https://shareholderagreementsolicitor.co.uk/tag/key-shareholder-decisions/) - [investor shareholder rights](https://shareholderagreementsolicitor.co.uk/tag/investor-shareholder-rights/) - [shareholder agreement deed](https://shareholderagreementsolicitor.co.uk/tag/shareholder-agreement-deed/) - [how to sign a shareholder agreement](https://shareholderagreementsolicitor.co.uk/tag/how-to-sign-a-shareholder-agreement/) - [shareholder dilution](https://shareholderagreementsolicitor.co.uk/tag/shareholder-dilution/) - [alphabet shares](https://shareholderagreementsolicitor.co.uk/tag/alphabet-shares/) - [different classes of shares](https://shareholderagreementsolicitor.co.uk/tag/different-classes-of-shares/) - [death of shareholder](https://shareholderagreementsolicitor.co.uk/tag/death-of-shareholder/) - [valuation of shares in a shareholder agreement](https://shareholderagreementsolicitor.co.uk/tag/valuation-of-shares-in-a-shareholder-agreement/) - [Shareholder Non-Complete Clauses](https://shareholderagreementsolicitor.co.uk/tag/shareholder-non-complete-clauses/) - [Death Of A Shareholder](https://shareholderagreementsolicitor.co.uk/tag/death-of-a-shareholder/) - [Share re-organisations](https://shareholderagreementsolicitor.co.uk/tag/share-re-organisations/) - [employee shareholder](https://shareholderagreementsolicitor.co.uk/tag/employee-shareholder/) - [death of joint shareholder](https://shareholderagreementsolicitor.co.uk/tag/death-of-joint-shareholder/) - [share certificates](https://shareholderagreementsolicitor.co.uk/tag/share-certificates/) - [Shareholder disputes](https://shareholderagreementsolicitor.co.uk/tag/shareholder-disputes/) - [David Hughes shareholder agreement solicitor](https://shareholderagreementsolicitor.co.uk/tag/david-hughes-shareholder-agreement-solicitor/) - [share re-organisation solicitor](https://shareholderagreementsolicitor.co.uk/tag/share-re-organisation-solicitor/) - [commercial law solicitor](https://shareholderagreementsolicitor.co.uk/tag/commercial-law-solicitor/)