In planning for the closely held corporation, counsel should give consideration to the flexibility afforded by a shareholders' agreement. Such an agreement is not, however, without its pitfalls. The author examines the advantages and problems inherent in the use of a shareholders' agreement.
Ghingher, John J. III
"Shareholders' Agreements for Closely Held Corporations: Special Tools for Special Circumstances,"
University of Baltimore Law Review: Vol. 4
, Article 3.
Available at: http://scholarworks.law.ubalt.edu/ublr/vol4/iss2/3