Our dispute resolution and employment specialists recently settled a dispute between the directors and shareholders of a privately owned business in the healthcare sector.
We were instructed by the company and the majority shareholders. The dispute involved allegations of unfair prejudice by the other shareholder who also brought employment tribunal proceedings, claiming unfair dismissal and discrimination. The business premises were owned by the shareholders and part sub-let. This also gave rise to an allegation that there was a partnership relating to the letting of the building.
After lengthy negotiations, the dispute was finally settled through mediation, the employment claims were withdrawn and the ownership of the building and minority shareholding were transferred to our clients.
The settlement by mediation avoided an employment tribunal hearing and meant significant cost savings for our clients.
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