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Shareholders' agreements, partnerships, LLPs and joint ventures

Shareholders' agreements, partnerships, LLPs and joint ventures

Whatever the nature of your collaboration or investment, we can help you put the right documentation in place to protect your position going forward.

It is important for the shareholders in the company, partners in a partnership or members of an LLP to be clear on the following:

how your entity will be managed day to day;

• what decisions need additional consent;

• what happens if you hit deadlock or fallout;

• how to manage an exit or succession planning; and

• how the venture will be financed.

A joint-venture will not always need to be operated through a separate entity. Sometimes you can simply enter into a commercial agreement where you agree who will do what and how much they will be paid or pay for what.

Jon Rathbone's experience as a commercial and corporate lawyer puts him in a fantastic position to advise you of the most suitable legal structure.

Call 01242 574244 or contact us to find out how we can help with all your corporate and commercial needs.

Featured articles

Warranties v Indemnities: understanding the differences

When parties to a transaction involving the sale and purchase of a business agree the main terms on which they are going to contract, the next step is for the buyer to investigate a little further and carry out a due diligence exercise. During this exercise...

Mistakes in Contracts: Will the Court intervene?

The Court is often reluctant to interfere with the relationship between contracting parties. If however there is a mistake in the drafting of a contract, a party can apply to the Court for rectification of that mistake. Rectification is typically...

Latest News

Hughes Paddison expand offer with appointment of new Employment Law Director

Cheltenham based Solicitors Hughes Paddison, have added Employment Law to the range of corporate and commercial legal services the firm offers its business clients, with the recruitment of Kimberley Whalen-Blake as a Director and Solicitor.

Hughes Paddison strengthen team with new appointment

Hughes Paddison have made a new senior addition to further strengthen their Private Client Department, with the appointment of Sue Senkbeil.

Joint Bank Account - For Convenience?

A recent case heard in the UK Privy Council (whose Judges are for the most part Judges of the UK Supreme Court) has highlighted the need for care to be taken when making these arrangements.

In the case (Whitlock –v- Moree) the deceased was a 90 year old business man. At the time of his death he had a substantial sum in his bank account. The year before he died he added Mr Moree to his bank account.

What our clients say

“Hughes Paddison have provided assistance on numerous occasions consistently acting in an exemplary fashion whilst dealing with all aspects of the issue at hand. It is extremely reassuring to know that our company is represented by such a competent and professional firm.”
– Commercial Director, Ferroli Limited
“We are lucky to have the services of Paul Engelbrecht on hand. He has always met our requests and ridiculous deadlines and puts himself out to make life easier for us”
– Company Secretary - Supergroup PLC
“Paul has repeatedly demonstrated a high level of legal skill, accuracy, attentiveness and most of all, commercial acumen. I particularly appreciate his eye for detail and ability to take complex legal issues and explain them in lay terms. ”
– Relationship Director RBS
“Whilst constantly demonstrating his consummate professionalism and occasional wry sense of humour David has at all times supported me and acted in my best interests resulting in a successful financial settlement and my divorce.”
– V
“Jennifer provided sound professional legal advice which I needed to help me to sort out the legal and financial aspects of a difficult personal situation. I wouldn't hesitate to go to her with any family legal matters I have in future.”
– R