What happens when the directors and shareholders in a private company are the same people and those individuals no longer see eye to eye?
This is a typical structure for many SMEs/owner-managed businesses, and the same issues arise time and time again. Companies are usually set up with a common understanding (albeit not recorded in a written agreement) as to how the business will be run.
When the good faith disappears and things start to go wrong, what issues arise as a result? Read more.
This article was first published in Real Business on 18 February 2015.