Explain the importance of a shareholders agreement generally and why the four directors/shareholders should insist on one in this situation.
Wallace, Gromit, Shrek and Olive have been in a traditional partnership for several years producing digitally animated films. The partnership is successful and is expanding rapidly. The partners seek your advice as to the possibility of forming a limited company to be called Nemo limited. On formation of Nemo limited Wallace and Gromit will each … Read more