Shareholders should benefit from their investment and role in a company, and shareholders should work together with other company leaders to maintain a mutually beneficial relationship. While many people do not face concerns as shareholders, legal disputes can arise between shareholders and various other parties at times within New Jersey and New York companies.
Resolving shareholder disputes as soon as possible – and as efficiently as possible – is essential to the success of a company. If parties are unable to negotiate a resolution out of court, one or more shareholders might take the issues to court by filing a lawsuit. When such derivative actions arise, both the shareholders bringing the action as well as those who need to defend against the lawsuit should have proper legal representation.
Our legal team represents different parties in a wide range of shareholder disputes. These disputes can involve complex legal issues, including but not limited to:
Disputes might involve disagreements over the future direction of the company in general or specific issues involving specific actions – or lack thereof – between the parties. In either situation, shareholders and other company leaders should fight to maintain their investments. This is best accomplished with the assistance of a New Jersey shareholder dispute attorney. If you fail to take the proper action with the right legal assistance, it can result in costly and often preventable losses.
As soon as it becomes clear that a conflict is arising, parties can take steps to try to resolve the matter as early as possible. An experienced attorney can help parties negotiate in informal settings to start the dispute resolution process. If they can reach an agreement on how to resolve the dispute, the matter can be dropped without the need for any legal proceedings. This is an ideal result if all parties can agree to a mutually beneficial solution.
Often, disputes will be developing and increasing for some time, which can make it difficult to resolve the matter strictly through informal negotiations. To ensure that you receive a favorable outcome, you might need to participate in formal dispute resolution. Some shareholder agreements require certain forms of alternative dispute resolution (ADR) before any party can file a derivative action in court.
Some ways our legal team can assist in resolving shareholder disputes include:
Shareholders who bring derivative actions can seek many different remedies depending on the situation in question. Remedies that our lawyers regularly seek might include:
Some remedies can greatly impact the future of a business, and all parties need qualified legal assistance in such high-stakes situations.
Shareholder disputes can have a lot on the line for both shareholders and company leadership. As soon as you know that a conflict exists, you should reach out to the New Jersey shareholder dispute attorneys at Varcadipane & Pinnisi, PC. Contact us today to learn more about our services and so we can evaluate your best legal options.
Schedule a free consultation with one of our experienced lawyers by filling out the form below, or call us at (800) 616-2916
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