Valuation clause important part of shareholders’ agreement

A shareholders’ agreement that doesn’t contain a valuation clause could create uncertainty and even animosity among parties if an evaluation of shares is required later on, Toronto business lawyer Anton Katz tells AdvocateDaily.com.

Katz, principal of Anton M. Katz Barrister & Solicitor, says there are a variety of circumstances where a corporation’s shares would need to be evaluated and sold, including death, disability, bankruptcy, marital breakdown, or retirement of a shareholder.

For the full article, visit Advocate Daily.com

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