Interlegal lawyers drafted shareholder agreement for their client
12 February, 2021
14
A client applied to Interlegal for drafting shareholder agreement, in view of creation of a new business project with new partners in Switzerland.
Such instrument facilitates, first of all, fixing roles of partners and all business agreements, including profit distribution, terms and conditions for withdrawal from business, inheritance of shares.Swiss law is flexible enough to regulate relations between partners; there are local regulations, like in many continental law countries, for a quorum, required number of votes for making a certain range of decisions by shareholders, business and account management.Also, all agreements between the parties are treated as confidential, in contrast to provisions of the articles. This is another definite plus in favor of signing shareholder agreement.Clients, often being concerned not to lose a partner, offer also to conclude additionally shareholder agreement. However, with serious intentions, both parties receive benefits from cooperation and legal purity of formalizing their relations.Finally, Interlegal team drafted shareholder agreement, consistent with arrangements between the client and business partner and compliant with Swiss law.
