Shareholder & Partnership Agreements

When people go into business together, they should agree at the outset how the business will be run and what happens if circumstances change. Brewer Wallace Solicitors prepares shareholder and partnership agreements for businesses across East Yorkshire, so that these questions are settled before they become disputes.

What a good agreement covers

A well-drafted agreement sets out how decisions are made, how profits are shared, what each owner is expected to contribute, and how ownership can change hands. It also plans for the difficult moments: an owner wanting to leave, retirement, illness or death, or a serious disagreement, and how any of these is dealt with fairly.

Why it matters

Without an agreement, businesses fall back on general company or partnership law, which may not reflect what the owners actually intended and can leave everyone exposed if a relationship breaks down. A tailored agreement gives certainty, protects the business and its owners, and makes a future sale or succession much simpler.

How we can help

We draft agreements in plain English that reflect the way your business operates, and we can review an existing agreement that may no longer be up to date. To put an agreement in place, please call our Hull office on 01482 228808, or arrange an appointment at our Hull, Bridlington or Hornsea office.

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