The Business Corporations Act provides no effective method to resolve differences between feuding shareholders in a small business. We have seen businesses go from healthy to life support while the shareholders fight over someone’s departure.
All of this can be solved with a Unanimous Shareholders Agreement. This document contains specific remedies to deal with a deadlock between shareholders. It provides a process leading to an orderly resolution of shareholder differences. At Galbraith Law, we have been providing shareholders agreements and other corporate documents since 1988.
You can wait until you have a problem to deal with and spend thousands of dollars trying to resolve it or you can put the necessary agreements in place now at a fraction of that cost. For more details on our business services click here or call us at 780.483.6111.