Recent content by BjornB
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Hello Graham, @Bob suggested I should speak to you about my situation. Unfortunately, I cannot...
Hello Graham, @Bob suggested I should speak to you about my situation. Unfortunately, I cannot afford a lawyer as I am flat broke. Any advice will be greatly appreciated. I will make 2 posts on your profile due to a character limit. Here's the situation: - The company turns £2.5 million...- BjornB
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- The majority shareholder wants all minority shareholders to sign a shareholders agreement - I...
- The majority shareholder wants all minority shareholders to sign a shareholders agreement - I refused to sign it because it doesn't protect me - Today I was told that I must sign the shareholders agreement or a special resolution will be issued and my shares will be purchased for pennies. How...- BjornB
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Minority shareholder forced to sign a shareholders agreement
@Mark T Jones Exactly. But I think company's articles can be amended to allow the majority shareholder to purchase the shares from minority shareholder for a fair market value (?) which, according to him, is not a lot? What does the price depend on? Whos sets it? @Bob Thank you very much, I'll...- BjornB
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- Forum: Legal, Employment and Insolvency
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Minority shareholder forced to sign a shareholders agreement
Hello, I am a minority shareholder (5%) in a rapidly growing company which turns ~£2.5m / year and it is projected it will be turning £4-£5 mil annually by the end of next year. There are 2 other minority shareholders (5% each) and the majority shareholder (85%). We do not have a shareholders...- BjornB
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- Replies: 4
- Forum: Legal, Employment and Insolvency