Q: I inherited a corporation that has invested large amounts of money in a property which is now for sale by the estate.
as 100% owner of the corporation now can i file an unjust enrichment claim to recoup some of the investment on behalf of the corporation? I tried to purchase this property however i am the executor and my family will not approve of the sale even though I offered over fair market value for it. I also ran a sole proprietorship out of the same property and have money invested in the property. I paid rent to my parents who owned the property as well as the corporation that is now mine. I need advice how to proceed. Do I have any legal basis to recoup investments made by me or the corporation? Does this provide any leverage against my family refusing to agree to sell the property to me. I am being very careful to fulfill my fiduciary duties while also trying to be certain I am not giving away what would be rightfully mine if the the property is sold to a third party. which I do not want to happen.
A: You have presented a complicated situation that is not suited to being addressed in this forum. Your questions and concerns would be better addressed by retaining competent legal representation.
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