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Business partner was caught stealing from the company. Never brought any new business. missed several months of work per year.
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it is not a matter of "fairness" but of technical legal rules.
First, you don't indicate the nature of the company, but partnership, corporation or LLC you probably have a right to an accounting to determine missing money and a lawsuit to recover "stolen" money.
One's ownership interest, is an independent matter and may have independent value.
You probably need to speak to a business attorney or business litigator in your area.
Answered on Dec 19th, 2012 at 11:15 AM