Business Succession & Disputes Solicitors, Hamilton and Strathaven, Lanarkshire

Business succession planning

Succession planning is important for small and medium-sized businesses and is one of the most effective ways of protecting the future of your business and its assets. Whether you want an effective transition of the business to the next generation, wish to sell it or dispose of the assets we can assist you.

Our commercial lawyers regularly advise businesses on succession planning, including share buy-back deals allowing retiring owners to recover their investments while passing on their business to successors. 

Owner-Director & Partnership Disputes

Disputes that arise among business owners, directors or partners can be particularly sensitive. However, our commercial team has experience negotiating workable solutions in such delicate situations.

Where the issues are associated with matrimonial problems, involving both family and commercial law matters, we are well-placed to advise on both aspects.

Business Agreements

We have considerable experience in preparing different types of agreements for a wide variety of businesses of all sizes.

Partnership agreements

Partnership agreements set out the rules and arrangements between two or more partners. They include provisions regarding the distribution of profits, admission or departure of a partner, or the dissolution of the partnership.

Shareholder agreements

Shareholder agreements can set out the rules for the transfer of shares, the relationship between majority and minority shareholders, what is to happen on the retirement or death of a shareholder, payment of dividends, and the appointment and removal of directors.

Executive and director service agreements

These set out the relationship between executives and directors, who may also be shareholders, but have day-to-day control of a company. Issues can arise in respect of dismissal, remuneration, and conflicts of interest. With the right service agreements, many problems can be avoided.