Shareholder Agreements Attorney
Many businesses are owned by multiple parties, requiring legal operating agreements and governance. Whether it is a smaller family business or a large corporation, operating and shareholder agreements are designed to protect the interests of all owners and the entirety of the business. Mark Burr is a shareholder agreements attorney for the greater Atlanta area, available through the Law Offices of S. Mark Burr, P.C. in Alpharetta.
In a corporation, there are shareholders that all have a stake in the business. Whether there are hundreds or only a handful of shareholders, it is vital to have legal contracts that define shareholder rights and obligations. Unlike corporation bylaws that run the business’ operations, shareholder agreements are designed to outline the rules each stockholder agrees to uphold and what they are entitled to as partial owners of the business.
Stockholder and Shareholder Contracts
Shareholder agreements, like most business contracts, should be customized to the specific business. An experienced shareholder agreements attorney can negotiate and draft customized contracts that outline the unique concerns of each business. Mark Burr has worked with corporations of all sizes and has over 30 years of experience as a business attorney. When negotiating, drafting and revising shareholder agreements, some elements that can be addressed include:
- Rights and obligations of shareholders
- Dispute or conflict resolution
- Corporation restructuring for shareholders (mergers, sales, acquisitions, stock sales)
- Voting rights, resolutions, corporate procedures and other aspects of governance
- Share sales and inheritance clauses
Shareholder agreements, like most business contracts, are living documents that can continually change and evolve with time. Having an experienced shareholder agreements attorney, like Mark Burr, to manage these contracts can ensure all legal terms and conditions are addressed to protect all shareholders and the corporation.
LLC Operating Agreements
In LLC businesses, operating agreements offer similar protections for owners as shareholder agreements in corporations. Any business with multiple owners should have customized operating agreements to protect the interests of all owners. Many small to medium-sized LLC businesses are family-owned. It is vital to outline the specific rights and obligations between partners, especially family members, to protect all interests in the business.
Mark Burr has worked with many small businesses in the Atlanta area, some from their formation. His expertise in contract and business law can ensure that every person with ownership in the company has their interest in the business protected, as well as protecting the business from unnecessary dissolution due to conflicts or disputes. While many partnerships begin with good intentions and common goals, it is common for partners to have disputes down the road. A detailed, evolving operating agreement that protects all the rights and interests of the partners can offer stability to the business for future growth.
Experienced Corporate and LLC Attorney
Whether you are in the beginning stages of forming a new LLC or a shareholder in a long-standing corporation, the legal agreements for operation and governance are crucial to protecting your stakes in the business. Mark Burr has over 30 years of experience as a business attorney and understands the importance of negotiating and drafting detailed shareholder and operating agreements to protect the business from internal conflicts. His expertise in contract and business law can ensure that all stakeholders in your business are protected, as well as the overall financial health of the business.
Do you need legal advice regarding LLC operating agreements or shareholder agreements for your company in the Atlanta area? Contact the Law Offices of S. Mark Burr, P.C. to schedule a legal consultation. Mark Burr has extensive experience in business, commercial real estate and contract law, working with businesses throughout Georgia.