Drafting Shareholder Agreements for Closely Held Businesses
Structuring Enforceable Provisions on Voting Rights, Transfer of Shares, Buy-Sell Rights, Restrictive Covenants and More
Recording of a 90-minute CLE webinar with Q&A
This CLE course will discuss key provisions that business counsel should carefully negotiate in shareholder agreements governing closely held businesses, and legal considerations to ensure the agreements are effective and enforceable.
Outline
- Purpose and use of shareholder agreements by closely held businesses
- Drafting key provisions
- Enforceability considerations
Benefits
The panel will review these and other key issues:
- What are the key provisions in shareholder agreements and what potential pitfalls can affect their enforceability and effectiveness?
- What common legal challenges are likely to arise during the drafting and enforcement of shareholder agreements—and how can they most effectively be resolved?
- What is the relationship between shareholder agreements, bylaws or articles of incorporation—and how are conflicts among the documents resolved?
- How do external factors such as financial issues and federal, state and common law impact shareholder agreements?
Faculty
Brett M. Larson
Shareholder, Moderator
Messerli & Kramer
Mr. Larson focuses his practice in the areas of corporate organization and reorganization, contract negotiation. He... | Read More
Mr. Larson focuses his practice in the areas of corporate organization and reorganization, contract negotiation. He also counsels his clients on succession planning for businesses and estate planning and asset protection strategies for business owners and high net worth individuals. He serves as outside general counsel to many businesses including start ups, small businesses, and global corporations.
CloseNathan J. Nelson
Messerli & Kramer
Mr. Nelson focuses his practice on addressing general and specific business matters, including start-ups,... | Read More
Mr. Nelson focuses his practice on addressing general and specific business matters, including start-ups, acquisitions, dissolutions and mergers. He also has extensive experience in business succession and tax planning issues. He drafts tax efficient estate planning instruments to transfer wealth from one generation to another.
CloseErik L. Kantz
Partner
Arnstein & Lehr
Mr. Krantz focuses his practice on middle-market businesses and emerging companies. He counsels clients on a... | Read More
Mr. Krantz focuses his practice on middle-market businesses and emerging companies. He counsels clients on a broad range of issues, including business organizations and joint ventures, financing and investment, mergers and acquisitions, banking, insurance, contract matters, regulatory compliance and corporate governance and executive management. He has significant experience representing clients in the merger and acquisition process and in organizing and structuring companies and ventures at all stages of investment and development.
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