High Court upholds the terms of a shareholders' settlement agreement

A dispute among siblings in respect of shares in the family business resulted in the recent High Court case of Kennedy & Others v Ward. The case illustrates common pitfalls to be avoided when entering into a settlement agreement. It is a good example of the risks associated with entering into a high level agreement without including more detailed provisions on how the agreement is intended to operate.

In this ALG Soundbite, our Knowledge lawyers, Michelle McLoughlin and Liam Murphy, discuss key aspects of the case and the court's ruling. To read more on the case, check out our recent article.