Legal specialists in Director disputes

Verisona Law has vast experience in boardroom disputes and providing practical, commercially-minded advice to directors, shareholders and partners. Businesses are often built and led by people who are passionate about what they do – but this means differing opinions can often become heated. Business disputes can be damaging to everyone involved, as well as the business itself, and in many cases the most viable solution is for one or more parties to depart the business.

Our solicitors work to minimise the damage to your business by resolving disputes quickly and effectively. Far too many businesses have closed their doors too early due to director disputes, when partnering with a specialist solicitor could have provided practical solutions and potentially saved their business.

What are common director disputes?

There are a number of reasons disputes between shareholders/directors can arise. The conflicts we see most frequently are caused by:

  • Disagreements over strategy, direction or development of the business
  • Differing levels of contribution, both in terms of time and money
  • Disputes over responsibility for poor financial performance
  • Personal relationships deteriorating, often due to conflicts of interests or poor communication

Leading a business isn’t easy and – particularly with an increasing number of start-ups and the impact of the Coronavirus pandemic on many industries – disputes can be hard to avoid.

Verisona Law is currently offering a free initial call to anyone who wants to discuss their dispute with a Solicitor. Contact us today.

I would like to thank you for the first class service we have received from you. Your advice and the professional way you treated us throughout culminated in a result which, prior to your appointment, seemed a long way away.
Mr Herridge

Thank you very much for your help in this matter, you have personally done a very professional job for me and I very much appreciate the excellent service I have once again received from Verisona

Faultless service throughout, which was such a change from previous experiences with other firms of solicitors.

Verisona Law courteously and efficiently dealt with our legal requirements. They kept us updated during each stage of the process with clear, concise and competent communication. Many thanks.

What remedies are available?

Prevention is better than cure: wherever possible, businesses should seek legal support in setting up agreements and structures to stop disputes arising in the first place. Well-considered shareholder, partnership and member agreements, employment contracts and strong structures and procedures should help to set clear expectations and also outline the proper mechanisms for exit.

Cards on the table: when a dispute does arise, early open dialogue is essential. Your solicitor will help you understand your legal rights and the rights of all parties involved, as well as exploring the underlying issues and the full range of potential solutions.

Court proceedings as a last resort: in instances where an agreement simply isn’t possible, then court proceedings can be initiated to seek assistance in resolving the conflict. If you are considering initiating court proceedings yourself then strong legal representation is essential.

A clean break: exiting a business can be painful, both financially and emotionally. Agreeing a fair market price for the leaving individual’s interest in the business allows all parties to move on.

Free legal advice

We understand that business relationships can become complex. Director disputes can result stress and sometimes have a negative impact on the bottom line, which is why we help resolve disputes quickly, effectively and discreetly.

Contact us today for a free initial phone call.

Contact our Dispute Resolution team for your free consultation today.

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