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Company shares, will I lose them ?

  • 04-07-2017 1:52pm
    #1
    Closed Accounts Posts: 13


    Hi all,

    Quick question if you don't mind.

    I joined a company three years ago and as part of the package, I was given 10% of the business. I am thinking of leaving the business and moving on and I am wondering how I would find out if I will lose my shares or keep them even when I am gone. I have all the documentation electronically and I was thinking of engaging with a solicitor ( not even sure which type of solicitor I should be seeking) or someone similar but don't want it to be a costly exercise, I am sure that someone with legal experience would know very quickly where I stand after reviewing the documents. Any thoughts?


Comments

  • Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    Find out from the company?

    How the heck would anyone else know


  • Registered Users, Registered Users 2 Posts: 6,769 ✭✭✭nuac


    Mod
    You need legal advice which cannot be given here.
    Any general practice/commercial solicitor should be able to deal with this
    Check if there was a shareholders' agreement
    Leaving thread open for discussion subject to rule against legal advice


  • Registered Users, Registered Users 2 Posts: 68,317 ✭✭✭✭seamus


    Legal documents aren't written in some foreign language. It's overly formal and specific, sure. And can contain nuances that a layperson might miss.

    But in the broadest sense if you're competent enough to have been given 10% of the company, then you're probably capable of reading these documents yourself and making a decision as to whether you need further assistance.

    If you do, then get a solicitor.


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