Phone Phone

Shareholder Disputes

Shareholders of a small business corporation are often related parties or even family members. There may come a time when a shareholder will want to exit the corporation and sell his or her shares and move on to other ventures. Things may become contentious, embroiling the shareholders in a dispute that will likely obstruct any effective business management. What can you do?

How to Handle a Shareholder Dispute

Legal representation is most often required. With our knowledge of corporate law, we will guide you through the process of dispute resolution. Typically, there is an arbitration clause in the shareholder agreement that governs the resolution of the dispute. Where such clauses are missing, we turn to the by-laws and other constating documents of the corporation to determine the rules for bringing closure to a dispute, or negotiate in good faith to find a valuation of the shares that is accurate.

In the event of a shareholder’s dispute, we have the creative solutions and the experience to resolve the dispute in the most efficient and cost-effective means possible. Our knowledge of corporate law will assist you through the shareholder dispute process to obtain an outcome that is most beneficial to you.

Involved in a Shareholders Dispute? We’re Here to Help™

Insights

Employment Expense Disputes With The CRA

The Rule As a general rule, employees cannot generally claim expenses against income from their jobs under Canadian tax law. In contrast to businesses, which can generally deduct any expenses

Continue Reading
Read More...
The GST/HST New Home Rebate

Buying or renovating a new home is a major investment that strains the pocket book of most working class families. Fortunately, the CRA has a number of programs, including the

Continue Reading
Read More...
What Do Small Businesses Need to Know About Submitting GST/HST

If you have a business and collect GST/HST, managing your GST/HST obligations can be complicated. If you operate a business and your worldwide sales exceed $30,000 during any calendar quarter

Continue Reading
Read More...
Close Menu

Book an Appointment 1-800-631-7923

Speak with a Lawyer
1-800-631-7923

Email Us
reception@kalfalaw.com