QUESTION
How can suit a business partner for bad management?
Asked on Jul 27th, 2017 on Business Litigation - Florida
More details to this question:
I have a LLC in Orlando made up for Dairy Queen franchise. We have 2 branches in Orlando. I have received a letter from a lawyer saying that my business partner wants to dissolve the company. I have made the bigger part of the financial investment. And now he wants to back up, creating losses and bad management. I want to suit him and get my investment back. How can I create a case against him?
1 ANSWER
Well you will need to obtain all the books and records and have them assessed by an attorney and a CPA most likely and determine what has gone on. Without more facts about any mismanagment or other alleged wrongful acts, and without reviewing the records, it is hard to know what really is at issue. As to building a case, do your due diligence either on your own or with the aide of an attorney. If its your business and money, then I recommend you invest in hiring an attorney, get all the records, and also consult with the company CPA or an independnent one.
Answered on Aug 02nd, 2017 at 5:34 AM
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