Greeley, CO asked in Business Law, Civil Litigation and Family Law for Colorado

Q: I’m in dispute with 50/50 business partner had lawyer send letter to mediate or file lawsuit - he’s also my husband

I know this gets complex on both sides of business and what it means for my marriage - anyways I need business dispute to be addressed first and foremost but in response he filed for divorce which I’m told stops the business part from continuing! I fear this is again a tactic for him to avoid the issue - is there any way to have the business issue addressed outside of the divorce? We are 50/50 owners and our marriage/divorce should not relieve him from being held responsible for his direct actions towards company? Him breaching all his duties as a business partner has stopped my income and transferred all business transactions to himself so I can do nothing personally financially to even address a divorce? I’m just looking for all of my choices instead of hearing I have none and will just have to wait for courts to divide assets and debts and I need to figure out a new income which he will be entitled to half of?

1 Lawyer Answer
Sabra M. Janko
Sabra M. Janko
PREMIUM
Answered
  • Colorado Springs, CO
  • Licensed in Colorado

A: I am sorry to hear about your situation. The divorce court will address property division regarding the business. There is a mandatory injunction which stops business activities that were not conducted previously during the marriage in the normal course of business. If there is a separate contract action pertaining to the business, you may be able to proceed with a separate contract action regarding any violations of a contractural agreement.

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