Corporate Buy-out: Buying out Shareholders
Corporate Buy-out - Selling Shares - Forced to Sell - Buying out Shareholders - Buying into a Company
Contact Neufeld Legal PC at 403-400-4092 / 905-616-8864 or Chris@NeufeldLegal.com
As every business corporation grows and undergoes change, the internal dynamics between its shareholders is subject to change. And with those changes in the relationship between the shareholders, there is the prospect that you might no longer be able to co-exist with one or more of your fellow shareholders, whether for business and/or non-business reasons. When such a situation arises, and especially where there is no prospect for repairing the relationship, the only viable course of action is to effect the buy-out of your corporate shareholders.
Buying out your fellow shareholders is rarely an easy or straight-forward process, even where one has the benefit of a written unanimous shareholders agreement. There are numerous factors that come into play when you are seeking to buy-out one's corporate shareholders, especially where those same shareholders do not wish to divest their stake into the company and their corporate shares. As such, it is extremely important that you undertake appropriate strategic planning prior to initiating a well-devised plan to buy-out your fellow shareholders. And developing such a strategic plan begins with engaging the services of a knowledgeable corporate buy-out lawyer, who not only can develop your plan of action, but can also deal with the challenges of your fellow shareholders as they fight back against being forced out of the company.
At Neufeld Legal, we draw upon our extensive experience in the realm of commercial buy-outs to facilitate our clients efforts to strategically buy-out their fellow shareholders at the optimal price, while overcoming the dissension from the shareholders that are being forced out. This includes circumstances that demand immediate action to effectuate a corporate buy-out, such that the ongoing business might be preserved and the shareholders' stake in the company is appropriately dealt with, including upon the business owner's death, permanent disability / terminal illness, necessitated or forced departure, or the business' financial faltering and/or collapse.
For knowledgeable and experienced legal representation when initiating, or being subjected to, a corporate buy-out, contact corporate business lawyer Christopher Neufeld at Chris@NeufeldLegal.com or 403-400-4092 / 905-616-8864.
