RKKW’s clients have entered into an agreement protecting the company against corporate disputes

28 April 2023

RKKW’s clients, who are founders and shareholders of a limited liability company, entered into an agreement with a minority shareholder, which prevented an escalation of the ownership conflict. This action saved the company and its shareholders from becoming entangled in a series of lawsuits.

 

RKKW’s clients are the majority shareholders and founders of the limited liability company. Following the conclusion of the investment agreement, a new shareholder (investor) came into the company. Shortly after the partnership was established, it became apparent that the investor understood various provisions of the investment agreement differently from the founders. This led to an impasse by, among other things, discontinuing the investor’s ongoing financing of the company. RKKW Law Firm represented the founders in settlement negotiations with the investor. The outcome of these discussions was the conclusion of an agreement concerning, inter alia, the rules for the exit of the minority shareholder from the company and the rules for financing the company in the interim period (i.e. until a new investor is acquired).

 

The case of our clients shows that heated disputes between shareholders pay off in an amicable way. Undoubtedly, the success of our clients is that the company in which they are the majority shareholders has been saved from a number of lawsuits as a consequence of disagreements between shareholders. Thanks to efficiently conducted negotiations, it was possible to separate important issues for each of the shareholders and the company itself from secondary issues. As a result of overcoming the impasse, the company can carry out the commenced projects without unnecessary turbulence, and the shareholders can jointly look for a new investor – emphasises attorney-at-law Dariusz Kulgawczuk, Partner at RKKW Law Firm.

 

The project was led by attorney-at-law Dariusz Kulgawczuk and attorney-at-law Kornelia Luczejko within the RKKW Law Firm.

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