Sunday, September 07, 2008 | 2:01 a.m.

Twelve Things That Should Be in a Shareholders Agreement (But Often Aren't) [Part 1 of 2]

by Cliff Ennico

"A friend and I recently set up a small business as a subchapter S corporation. The two of us are 50/50 owners of all shares in the corporation. We know we need a Shareholders' Agreement, and the attorney who set up our corporation sent us a form for that document, but it's all Greek to us. But when we ask the attorney for help, he just tells us it's a standard form and that we shouldn't negotiate it. That doesn't sound right to us. What are some of the things that should be covered in a ...

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Sunday, September 07, 2008 | 2:01 a.m.
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