Question

How do we redistribute shares in a corporation? (s

Asked 17 February 2011 · needs an answer

The question

I have recently bought my way into a small corporation that has 5,000 shares. The owner let a lawyer originally set it up and the owner (my business partner) is completely unsure on how to redistribute the shares to give me 1/2 of the shares that the directors & officers own. I contacted the original lawyer but he wants $500 an hour for his services and wont even speak with us without getting money up front. I am hoping that we can redistribute the shares ourselves. What do we have to do? We also have contacted 7 local business/corporation lawyers and left messages about hiring them to do this and not one has called us back,we feel stuck... thanks for any assistance.

From the LawyerCentral forum archive. Originally posted 17 February 2011 on a legal forum that has closed. Names and contact details were removed. See the original (Internet Archive).

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