Masseys has extensive experience in representing shareholders, members, directors and companies (ranging from small privately owned companies through to PLCs) in corporate disputes and in representing partners and LLPs in partnership disputes.
Masseys’ work in respect of shareholders includes:
| • | pursuing unfair prejudice petitions pursuant to ss.994-996 of the Companies Act 2006;; | ||
| • | acting on behalf of shareholders against other shareholders pursuant to joint venture agreements; | ||
| • | acting on behalf of shareholders to enforce their rights to purchase or sell shares under: (1) sale and purchase agreements; (2) put and call option agreements; and (3) compulsory good and bad leaver clauses in companies’ Articles of Association or shareholders’ agreements; | ||
| • | acting on behalf of shareholders and companies to enforce their rights in business sale agreements; | ||
| • | acting on behalf of shareholders to pursue breach of warranty claims; and | ||
| • | bringing derivative actions on behalf of companies against directors and other companies. |
Masseys’ work in respect of directors and companies includes:
| • | pursuing and defending breach of fiduciary duty claims against directors; | ||
| • | director misfeasance claims; | ||
| • | acting on behalf of directors in defending disqualification proceedings; and | ||
| • | acting on behalf of companies in professional negligence and fraud claims against auditors. |
Masseys’ work in respect of traditional partnership and LLP disputes includes:
| • | advising partners (and in the case of LLPs, members) on managing resignations from their firms; and | ||
| • | advising on issues arising out of the dissolution of partnerships including related disputes about partnership property and profit entitlements. |
Some recent examples of cases in which Masseys’ lawyers have been involved include:
| • | acting for the majority shareholders in a large private software company in a claim against the minority shareholders arising out of the alleged minority shareholders’ diversion of the company’s assets to other entities; | ||
| • | acting for the majority shareholders in a private management consultancy company in their claim against the minority shareholder to compel her to comply with “bad leaver” provisions in the Articles of Association to sell her shares to the majority shareholders; | ||
| • | acting for a well known London market insurance broker in a dispute between the shareholders relating to the compulsory acquisition of shares; and | ||
| • | acting for a billionaire in seeking to stop an attempt by the Joint Administrators of her deceased husband’s estate to appoint receivers over a major corporate entity in the group of companies she controlled. |