Q: Divorcing my spouse & we started a construction company about 25 years ago, suspect corp embezzlement by him & officers
My soon to be ex and his business partners have dissipated our business in violation of court orders, taken out and spent all the money ($300K in meals and entertainment in 2 years), casinos, trips, his secretary/girlfriend fixing her car buying her clothes, trips etc. The business is now out of business and they are trying to avoid paying lifetime spousal maintenance. Creditors are hounding me, business lawsuits are coming to me etc., I think they embezzled all the money out of the company. I've hired a forensic accountant who is still investigating in my divorce case but I want to know what my rights are and how can I be sued? I am on the bond but not on the business license, I thought he did a new bond wouldn't that mean I'm not on it anymore etc. What/where is my share of the money they took. The ex started a new construction company, put it in his business partners name only and are trying to basically pull the rug out from under me so I get nothing.
A: You are likely going to need a business attorney in your area to represent you in any dealings with these creditors who are hounding you. The business attorney should be able to advise you on any potential exposure to creditors claims and defend you if any creditors attempt to collect against you for the debts of the business.
It sounds as if you already have divorce counsel to assist you in the divorce proceedings, but if you have not you most certainly need an experienced divorce attorney in your area on your side as well.
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