Ottumwa, IA asked in Business Law for Missouri

Q: Me and my business partner had a disagreement. And he told me that I was out and he was taking control of company?

I want him to buy out my 50% of the company the name and the reputation I worked very very hard to build! He brought no knowledge or anything except himself and half the money for ins. The tools purchased he payed for his I paid for mine only couple things were purchased thru company or with company funds! I just want to sell him my part of the company and walk away!

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1 Lawyer Answer
Ronald J. Eisenberg
PREMIUM
Ronald J. Eisenberg
Answered
  • Chesterfield, MO
  • Licensed in Missouri

A: Your formative documents control. Have an attorney review them.

Unless you and your business partner come to agreement you’ll spend a lot litigating.

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