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Hello. I am Ed, a Solicitor qualified in England & Wales with over a decade’s experience in the legal profession advising clients.
I specialise in Commercial Contracts, Business Transactions, Employment, Dispute Resolution, Personal Injury and Road Traffic Law and shall be reviewing your legal problem today.
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Directors and Shareholders are completely different positions in a company, although the positions are often occupied by the same people, especially in small companies.
Directors are Officers of a company, whereas Shareholders are Owners of a Company. Shares are property which you own as much as you own your house or car. They cannot be taken away from you at the whim of the Board unless there is something in the company’s bespoke Articles of Association or and/or a Shareholders Agreement with regard to “Good Leavers” and “Bad Leavers” which means that if you have to leave the company, you have to sell your shares back at nominal value rather than fair market value and therefore potentially lose money over the deal.
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