Buying into Companies

We met a new client yesterday who is looking to allow some of his employees to buy into his company.

We discussed different ways and means – selling his shares or allotting new shares in the company, with him getting the proceeds in the first instance and the company getting the funds in the latter.

We also discussed buy-back schemes, formula to value the company, powers of attorney and other aspects of the shareholder agreement that will be required.

We also discussed the idea of have shares in trust for the employees of the company, but that does not work if funds are needed for the company or the owner.

For assistance with complicated shareholder agreements, see Michael Paterson & Associates

Let’s Chat:

 

Chat:
(08) 9443 5383

 

Correspond:
legaladvice@patersons.com.au

 

Coffee:
4/88 Walters Drive
Osborne Park
Western Australia 6017

 

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Chat:
(08) 9443 5383

Correspond:
legaladvice@patersons.com.au

Coffee:
4/88 Walters Drive
Osborne Park
Western Australia 6017

Complete:
the form below…

Please provide your details...