SHAREHOLDER AND PARTNERSHIP MATTERS
Protect your rights and interests with a company partnership agreement or shareholder agreement from our expert lawyers.
Partnership agreements are essential for establishing the roles and duties of two parties (or a group of parties) working in business together. An unclear partnership agreement can lead to miscommunication, conflict and disputes that may require costly legal mediation.
When working alongside another party, it’s important to have a clear, legally binding agreement in place to ensure stakeholders uphold their responsibilities. Whether you’re collaborating with a startup or creating agreements for your company’s shareholders, our expert commercial lawyers will create an airtight agreement that protects your rights at every turn.
With over 45 years of combined commercial, criminal and personal law experience, we’ve established ourselves as one of Sydney’s leading partnership agreement lawyers. We’ve worked with growing startups, large-scale companies and everyone in between. No matter your business or project, our team will deliver an ironclad partnership agreement NSW business partners can rely on.
Green & Associates Solicitors Experience and Success
- We create specialised and tailored constituent documents to regulate the arrangement, keep everyone on the same page and avoid disputes, including shareholders’ agreements, constitutions, partnership agreements and trust deeds;
- We negotiate and litigate;
- We act in shareholder and partnership disputes, and have saved companies and value for our client even in the face of threatened liquidations due to relationship breakdowns and breach of directors’ duties by our clients; we have pursued rogue partners and shareholders successfully civilly;
- We have run multiple oppression cases under the Corporations Act and obtained a wide range of releif where clients and the other side thought it impossible.
Our partnership agreement lawyers will look after your best interests throughout the agreement process
We know how time-consuming the partnership agreement process can be. With our meticulous eye for detail, we’ll take the weight off your shoulders so you can focus on running your business.
We’re cost-efficient. We keep things straightforward with proven strategies and fast results.
We’re results driven. We’re not happy until your company partnership agreement is airtight. We’ll ensure you have everything you need to keep things moving with your partners.
We’ll look out for you. Your interests are our interests. We’ll give you the best representation throughout the negotiation process.
We’re expert negotiators. Our team has extensive experience with dispute resolution and commercial mediation.
When do you need a partnership agreement lawyer?
A partnership agreement should outline the following terms:
The obligations and rights of each party
The financial contributions of each party
The decision-making process between parties, such as whether a unanimous vote is required or if a single party can make decisions for the business
Proper procedures for dispute resolution
Procedures for individuals departing the company
Procedures for terminating the partnership agreement
What is a shareholder agreement?
A detailed shareholder agreement should outline the following criteria:
The business’s management and structure
The responsibilities of both the shareholders and directors of the company
Proper handling of shares between internal and external parties
The company’s funding
How to handle potential disputes between directors and shareholders
Partnership agreement FAQs
What happens to an existing shareholder agreement if there are new shareholders?
In some cases, a new shareholder may request a renegotiation of the existing shareholder agreement. This usually occurs when a new shareholder is taking ownership of substantial equity in the company. In this case, a new shareholder agreement must be negotiated and signed between the existing shareholders and the new shareholder.
If a new shareholder agrees to the terms of the existing shareholder agreement, a Deed of Accession must be made between the company, the new shareholder and the existing shareholders. This allows the company to register the new shareholder as part of the company’s register.
For more information on negotiating a new shareholder agreement or entering a Deed of Accession, contact our team today.
Are partnership agreements legally required to be in writing?
We recommend obtaining expert legal advice before entering into business with another party or company. A written agreement outlines the vision of your business endeavour as well as essential criteria including how the business will be managed, the responsibilities of each party and the proper procedures for dispute resolution.
Written partnership agreements provide stronger legal standing for both parties and outline proper operational guidelines in the case of disputes.
We’re the partnership agreement lawyer you need in your corner. Contact us today
With a 97% success rate across over 1,500 cases, we know how to deliver fast, efficient and thorough results for our clients. We deliver mutually beneficial partnership agreements NSW companies, businesses and corporations can rely on. Get in touch with our expert team today.