QUESTION
CAn my business partner close the company, and reopen with our clients?
Asked on Mar 07th, 2013 on Business Law - Michigan
More details to this question:
After 3 years we have hit pay dirt, and my partner has proceeded to close the company, and reopen by himself, taking our clients, my IP etc. with him. Just 2 man co. but ready to expand. 0 income to possibly millions. I am broke, and he is using that to force me out of the profits.
1 ANSWER
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This appears to be a breach of fiduciary duty. You will need to look for a business litigator who will handle your case on a percentage (contingent fee) basis.
Answered on Mar 07th, 2013 at 2:01 PM