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Shareholder Agreements- Does a Shareholders Agreement Trump The Company’s Constitution? Case Note

Introduction This case note details the issue recently canvassed in Lorebray Pty Ltd (2021) NSWSC 1533 (23 November 2021) when there is an inconsistency between the Constitution and Shareholders Agreement. Constitution & Quorums When a Company is established, the rules for the establishment and internal management of the Company are usually set out in writing …

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Shareholder Agreement Basics (1) What Is A Shareholders Agreement?

What is a Shareholders Agreement A Shareholders Agreement is an agreement between shareholders as to how they will operate and control a company together. It is the ‘road map’ which is set to govern the relationship of the parties and how they will behave towards each other before, during and at the end of that …

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