Five clauses every shareholder agreement needs

Drag-along, deadlock and the other provisions founders forget. This article is general information, not legal advice; every situation is different, so please speak with an attorney about yours.

Understand where you stand

The first step is always to gather the documents: contracts, correspondence, records and anything in writing. Most of the questions we ask at a first meeting can be answered from paperwork clients already have.

Deadlines matter more than you think

Many claims must be filed within strict time limits, and some notices must be given within days. Missing a deadline can end a strong case before it begins.

The best time to call a lawyer is before you sign, send or say anything you cannot take back.

Consider every route

Negotiation, mediation, arbitration and litigation each have different costs and timelines. A good lawyer will explain all of them, not just the one that bills the most hours.

Next steps

If you are facing a similar issue, our team offers a free, confidential consultation. We will tell you honestly whether you have a claim and what it is likely to cost.