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foreign [Applause] hi there Welcome to our Vlog where we answer some of the questions you raise on legal matters relating to your business this time were focusing on shareholders agreements and why they are necessary in this video well be looking at three main points first when you might need a shareholders agreement second some of the common reasons why people often end up not having one and thirdly what future events might happen which a shareholders agreement will cover heres our co-founder london-based corporate and Commercial lawyer Jonathan Dorr hi Im John today were talking about shareholders agreements and when theyre needed Im often contacted by people who say that theyve been advised or just that they have a feeling that they need a shareholders agreement but they cant necessarily explain why Im also consulted by people at the other end of the telescope who have a looming dispute but dont have a shareholders agreement in place so why dont people have one well in