Thursday, July 21, 2011
How to resolve a business dispute?
I'm in a 50/50 Limited partnership. I want to either sell, buy or dissolve the company but the other partner wont listen to offers, buy or dissolve. I've had to leave the business to go and set-up again to make some money as before my take home pay was going to be 12k for the year. What can I do with my share in the old partnership. Can I liquidate the assets (before they are gone lol)? Can I force dis-solvency? Can I act against the director/partner that's left if he stops making profit by loopholes ( taking on the wife, buying corporate gifts etc) to stop dividends payment? I would prefer to draw aline somewhere to move on
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