Effective Shareholders Agreements
June 15, 2011
Shareholders agreements are commonly entered into by shareholders of a corporation to establish and protect their rights with regard to the composition of the board of directors, the treatment of corporate opportunities, voting and information rights, and transfers of shares.
Crafting shareholders agreements involves complex legal and business issues. While the ABA’s pending Model Shareholders Agreement provides some guidance to counsel, the provisions and governing law for each agreement must be based on the specific objectives of the shareholders and the corporation.
Listen as an authoritative panel of business counsel, including Richards Layton director Steve Bigler, discusses critical aspects of shareholders agreements, including key provisions and legal considerations that must be taken into account to ensure that agreements are effective and enforceable.