These disputes can be very damaging to the financial and trading well-being of the companies themselves. This is particularly so when the Board and shareholding is split evenly, thus often placing the company in a stalemate situation in which no one can make corporate decisions without the support of those with whom they are in dispute. The interests of the company itself is often overlooked as people fight to protect their own personal interests. For most companies, resolving situation is more difficult because they failed to enter into a proper Shareholders Agreement.
FICM assists directors and shareholders to resolve their disputes in a much faster and less costly fashion than by pursuing legal remedies through the courts and tribunals or simply arguing or, worse, not speaking to each other.
Accountants, lawyers and other professional advisers to companies can become involved in that process if they wish and where appropriate. We also can bring in skilled lawyers where appropriate who understand the importance of mediation and will not push the dispute into court unnecessarily.
