How Are Shareholder Disputes Commonly Resolved in Ontario?
Shareholders are generally parties to a Shareholder Agreement, which may contain a clause addressing the protocol to be observed should a dispute arise. Often, the chosen method will be arbitration, as this allows for an efficient and private resolution of a matter that is binding on all parties. Whereas litigation is generally open to the public, as are any orders from the court, arbitration is held behind closed doors, enabling the parties to keep internal business matters out of the public eye. Arbitration clauses are treated with deference by Ontario courts, and if one is in place, it is unlikely a party will be permitted to bring an action in court under the Agreement.
The lawyers at Prudent Law are experienced in representing corporate clients in arbitration. We will work to negotiate an effective resolution between the parties, and failing that, we will diligently advocate for our clients’ rights in binding arbitration.
For Strategic and Knowledgeable Representation in Shareholder Disputes, Contact Prudent Law in Toronto
The lawyers at Prudent Law in Toronto are extremely capable representatives in shareholder disputes. We understand that maintaining the business relationship is essential to a business’s operations and we will work to preserve that relationship as much as possible. To discuss options regarding a shareholder dispute with an experienced litigation lawyer, please call us at 905-361-9789 or contact us online.