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Drafting Shareholder Agreements: Structure Provisions to Avoid Litigation

Content Provider
American Law Institute CLE
Product
CLE
Run Time
91 Minutes
Recording Date
09/08/2023
Presenter(s)
Molly R. Merritts-Ricci, Daniel G. Straga
Learning Method
On-Demand Training
Practice Area
Corporate and Business Law, Legal Skills
Persona
CLE OnDemand

Price $259.00

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Description

Shareholders agreements delineate the rules and terms of the business relationship, as well as expectations for all parties involved, to ensure that shareholders receive the rights promised in return for investment in a business. Although even the best drafted shareholders agreement won’t prevent all disputes from happening, a clearly and thoughtfully prepared shareholders agreement will minimize the likelihood of costly, time-consuming litigation between shareholders.
During this 90-minute webcast, our expert faculty will discuss best practices when drafting and negotiating shareholders agreements and share insights from their practical experience. Topics that will be addressed include:
- Rights of shareholders: Management, voting rights, economic rights, and information rights
- Restrictions on transfers of stock and mechanisms to buy and sell restricted stock
- Interplay of key provisions and potential for conflict
- Mechanisms to settle disputes
- Questions to ask at the outset to achieve desired outcomes
- Valuation methods, penalties, and how to fund a buyout

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved1.50General12/31/2024
AlaskaApproved1.50GeneralOn-going
ArizonaApproved1.50GeneralOn-going
ArkansasApproved1.50GeneralOn-going
CaliforniaApproved1.50Participatory09/08/2028
ColoradoApproved2.00General12/31/2025
ConnecticutApproved1.50GeneralOn-going
DelawareApproved1.50General09/07/2025
FloridaApproved2.00General06/30/2025
GeorgiaApproved1.50General12/31/2024
HawaiiApproved1.50General09/08/2025
IdahoApproved1.50General09/08/2026
IllinoisApproved1.50General11/07/2025
IndianaApproved1.50General12/20/2024
KansasApproved1.50General12/03/2024
LouisianaApproved1.50General11/07/2024
MaineApproved1.50General01/11/2026
MinnesotaApproved1.50General10/16/2025
MississippiApproved1.50General11/07/2024
MissouriApproved1.90GeneralOn-going
MontanaApproved1.50General09/08/2026
NebraskaApproved1.52General09/07/2025
NevadaApproved1.50General12/31/2026
New HampshireApproved1.50General09/07/2026
New JerseyApproved1.50GeneralOn-going
New MexicoApproved1.50General09/07/2028
New YorkApproved1.50SkillsOn-going
North CarolinaApproved1.50General12/31/2024
North DakotaApproved1.50General09/08/2026
OhioApproved1.50General12/31/2024
OklahomaApproved2.00General12/03/2024
OregonApproved1.50General09/07/2026
PennsylvaniaApproved1.50General11/07/2025
Puerto RicoApproved1.55General12/31/2024
Rhode IslandApproved1.50General06/30/2025
South CarolinaPending State Response0.00
TennesseeApproved1.52General11/07/2024
TexasApproved1.50General11/30/2024
UtahApproved1.50General12/31/2024
VermontApproved1.50GeneralOn-going
VirginiaApproved1.50General10/31/2024
WashingtonApproved1.50General09/07/2028
West VirginiaApproved1.82GeneralOn-going
WisconsinApproved1.50GeneralOn-going
WyomingApproved1.50General11/07/2024

Speakers