A client is a 100% owner of a limited company. He had an affair, divorced his wife and is now living with his new partner (the affairee), whom he has made a director of the company.
Since making her a director, pretty much all contact between us and the client company is with her. He has now decided to gift 50% of the company to her. I and the two directors had a meeting to discuss the best way to do this (transfer or issue new shares). He was at the meeting but she did all the talking and she has been the one following up and chasing to get it done. Even the emails supposedly from his email address, I know she has written because of common spelling mistakes and grammatical errors that she makes across the board on emails, blogs, newsletters etc. He is a school teacher and generally when he writes it is done properly.
Normally when clients want share transactions done they are driven by the person giving the shares not the one receiving them.
It is difficult to meet with him on his own and so I was wondering what we can do to protect ourselves apart from just declining to do the work. I have recommended he gets legal advice before proceeding. I have also told him, if we were to go ahead and do this, he would have to sign paper copies of all engagement letters and meeting minutes and send them to me as I know what his signature looks like (as opposed to signing online contracts).
The difficulty is that the chattering classes all acknowledge that she is only with him for the business.