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Shareholders Agreements

Going into business can be challenging, which is why it can be invaluable to set out the rules governing relationships early on. A comprehensive shareholders’ agreement will make provision not only for problems you can anticipate, but also for those you can’t. Our expert business lawyers have years of experience in drafting shareholders’ agreements and dealing with business problems on behalf of clients. We can ensure your shareholders’ agreement allows for a favourable solution should inevitable challenges arise, and you can get on with business knowing your interests are taken care of.  To discuss your specific circumstances and requirements with one of our experienced solicitors, contact us today by calling 01292 438530 or contact us by email and member of our team will get back to you right away.

What is included in a Shareholders Agreement? Do I need one?

In any Private Limited Company it is open to the Shareholders to regulate the relationship among them by producing a Shareholders’ Agreement. This is very common and advisable in Private Limited Companies. This can regulate very important issues among the Shareholders such as:-

  • The obligations of the respective Directors and Shareholders.
  • The Dividend Policy of the Company.
  • The amount of capital which will require to be contributed on subscription by each Shareholder.
  • The method of transfer of shares in the event that one Shareholder wishes to exit.
  • Transfers of shares on death and incapacity.
  • The method of valuation of shares in the event that transfer is to be effected for any reason.
  • Restrictive Covenants for Shareholders to regulate their activities after exit and to prevent, for instance, competition with the Company after share sale.

We can advise on all aspects of preparing a Shareholders Agreement and put this in place for you.

See our other related services:

Contact our Shareholders Agreement Solicitors Ayrshire, Dumfries and Galloway

To discuss your specific needs and business goals with one of our experts, contact us today by calling 01292 438530.

Graeme McKinstry Chairman View Graeme's Profile

Graeme founded The McKinstry Company in 1984, after successfully negotiating an earn-out from his previous partnership. He has overseen the development and consolidation of the practice from a predominantly litigation based service, to a thriving High Street firm across several legal sectors. His primary role now is Chairman, undertaking strategic review and development, while holding the Partners to account.

Outside of McKinstry, Graeme has a Practice Management Consultancy where he focuses on management issues in small to medium sized legal firms. His business acumen and experience in the commercial world was recognised in 2015, when he was appointed President of Ayrshire Chamber of Commerce and Industry.

In his spare time, Graeme can regularly be seen looking for his ball in the gorse of rough at Royal Troon or Turnberry Golf Course.

Frances Evans Partner View Frances' Profile

Frances joined Team TMC as a Partner in 2017, and heads up the Property and Business Law team. Having trained at a large Glasgow firm, Frances has worked in commercial property since 2000. She is highly experienced in a wide range of commercial property work, including investment acquisitions and disposals, leasing and secured lending. She acts for a broad range of clients, including landlords, tenants, developers and industry.

Frances enjoys spending time with her family and friends, and is an avid reader.

Robert Honeyman Partner View Robert's Profile

Robert is Head of our Litigation Department, where he oversees all contentious cases. His remit includes employment, contract disputes, commercial court work and all aspects of personal injury litigation. With extensive experience of handling cases in the Employment Tribunal, Sheriff Court and Court of Session, Robert was recognised by the Association of Personal Injury Lawyers and the Law Society of Scotland in 2010, as a Specialist in Personal Injury Litigation.

Having joined the firm in 1997, Robert is well respected among clients and peers, and is widely regarded as an organised, proactive and diligent litigator, who will go the extra mile to get the best results for his clients.

Robert is a keen golfer (although not reflected in his handicap) and enjoys running. He also supports a number of charitable and community projects, and is Past President of Largs Cronies Burns Club.

Robin Corbett Consultant View Robin's Profile

Robin is a real estate lawyer with a wealth of experience in both transactional and advisory work for a wide range of clients in the private, public and third sectors. He is accustomed to working closely with other professional disciplines having worked on a range of complex or unusual projects and transactions.

In the private sector, Robin regularly works with property investors, developers and lenders. He often works with clients disposing of property for development; whether commercial or industrial property for re-development, or previously undeveloped land. He has extensive experience in leasing, purchase and sale of commercial premises for commercial clients ranging from SMEs to large corporates.

Robin also has experience working with public sector clients, including the Scottish Government, local authorities, and quasi-autonomous bodies. He has a particular interest in the education sector.

Robin has considerable experience with specialised property types, including retail filling stations, marine assets (harbours, for example), and quarries and mineral extraction projects. Taking a pragmatic and client-focused approach, Robin builds client relationships through a clear understanding of client objectives and consistent delivery of excellent results.

Robin is also an experienced speaker and presenter, and has provided expert opinions in relation to solicitor negligence in real estate matters.

Debbie Dunlop Partner View Debbie's Profile

Based in our Girvan office, Debbie is a Partner who is highly experienced in Private Client work, particularly in the agricultural and farming sectors. She used to enjoy travelling the world, but now married to a farmer, she spends her weekends in wellies, feeding cattle or on the back of a quad bike. Debbie is also a member of the Agricultural Law Association.

Having lived in Rome for a number of years, Debbie also studied Law at the Université d’Auvergne in Clermont-Ferrand – as a result, she is fluent in both Italian and French. She can also speak a bit of Spanish, thanks to travelling around various Central and South American countries, including walking the Inca trail. She has managed to convince her husband that the cattle in Argentina will be worth a look at some time soon!

A keen runner, Debbie has competed in 10Ks and half marathons, even completing the Rome Marathon. This now comes in handy during lambing time chasing after ewes.

Ayr Sandgate

Queen’s Court House
39 Sandgate
Ayr, Ayrshire
KA7 1BE

  • Disability access
  • Parking close by

Girvan

146-148 Dalrymple Street
Girvan, Ayrshire
KA26 9BQ

  • Disability access
  • Parking close by
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Some of our happy clients
  • Robert was very supportive.

    M Carruthers, Kilmarnock.
  • Great, Rebecca was very pleasant to deal with and went out of her way to help with our case

    S Everett, Kilbarchan
  • The solicitor / paralegal I was dealing with was very professional and performed to a high standard. I was very impressed.

    B Ferguson, Methil
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    Mrs McG, Ayr
  • Communication via telephone and email was regular, prompt and comprehensive. All queries and questions were answered with no delays or problems. My experience with the McKinstry Company was pleasant and smooth.

    Mr McK, Ayr
  • My family and I received excellent service from everyone with whom we had contact. The service was of the highest standard and, as I have in the past, I will continue to recommend the company to anyone seeking legal assistance.

    Mrs S, Ayr
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    Mr and Mrs H, Hull
  • I enjoy the friendly atmosphere. Very professional.

    Mrs A, Ayr
  • Mr Honeyman was very professional and knowledgeable which made us feel reassured. Very happy with the service and if I needed a solicitor again I would get in touch.

    Mr B, Ardrossan
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    Mrs K, Cumnock
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    Mr & Mrs T, Maybole
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    Mr N, Saltcoats
  • The supportive way that the advice was provided along with the willingness to fit appointments in with our requirements

    Mr R, Ayr
  • The whole process was handled with upmost professionalism throughout.

    Mr McN, Kilwinning
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