Shareholder & Partnership Agreements
Shareholder and partnership agreements establish the legal foundation for how business co-owners operate, make decisions, and resolve disputes. These agreements define ownership interests, voting rights, profit-sharing, management duties, and exit procedures. Our firm customizes agreements, protects against internal conflict, prevents deadlock, and ensures fair treatment of every owner, investor, or shareholder.
SERVICES
SHAREHOLDER AGREEMENTS
A Shareholder Agreement governs relationships among owners of a corporation. It supplements the company’s bylaws by addressing critical issues such as ownership transfers, voting control, profit distribution, and dispute resolution.
PARTNERSHIP AGREEMENTS
A Partnership Agreement outlines the terms of ownership, management, and profit distribution among partners. Whether for general partnerships, limited partnerships (LPs), or limited liability partnerships (LLPs), these agreements provide structure and prevent disputes that could threaten the business’s future.
BUY-SELL & EXIT PROVISIONS
Buy-sell agreements — often incorporated into shareholder or partnership agreements — provide a clear process for ownership changes due to death, retirement, or disagreement.
FAMILY-OWNED & CLOSELY HELD BUSINESSES
Disputes among family members or small groups of owners can easily become personal and destructive. Tailored shareholder or partnership agreements help balance relationships, protect the business’s longevity, and set clear boundaries between family and business interests.
MINORITY SHAREHOLDER PROTECTION
Minority owners often lack voting control but still deserve fair treatment and protection from oppressive conduct. New York law, including BCL § 1104-a, allows shareholders to seek remedies when majority owners abuse their power.
AMENDMENTS & ONGOING GOVERNANCE
As businesses grow or ownership changes, shareholder and partnership agreements must evolve to reflect new realities. Periodic legal review ensures continued compliance, relevance, and fairness for all parties.
DISPUTE RESOLUTION & ENFORCEMENT
Even with strong agreements, disagreements can arise over profits, control, or strategic direction. Clearly defined dispute resolution procedures — built directly into the agreements — can avoid disruption and preserve business value.
