Why the client needed our help
FWJ was approached by a beneficiary of a shareholder’s interest in a company, who was being denied access to dividends and capital rights within the company.
How we helped
The beneficiary had little to spend by way of legal funding and FWJ accommodated this, with an agreement to defer fees based on realisations.
This enabled the shareholder to bring proceedings to gain access to the dividends and capital rights that they were being denied. The case took approximately 2 years to resolve.
Due to our successful management of the case, the shareholding was recognised as owned by the beneficiary and subsequently an account of unpaid dividends and capital interests became available.
Supportive and friendly with partner-led involvement, I would recommend Francis Wilks & Jones to anyone facing a similar situation.A shareholder who turned to us after discovering that his co-shareholder was profiting well from their business while he was being paid a pittance. We helped him find a way out of the business by selling his shares