QUESTION
If a business partner abandon the business for 5 years and then turns up requesting furniture and personal items long gone who is responsible?
Asked on Oct 15th, 2019 on Business Law - New Jersey
More details to this question:
Five years ago my boss partner stopped coming to work; even though she owned the non for profit substance abuse business. She basically ran the business into the ground and disappeared. Now she has returned demanding furniture and other items that are long gone. Is my boss responsible for the missing items?
1 ANSWER
Mergers, Acquisitions and Divestitures Attorney serving New York, NY
Partner at
Russo Law LLC
2 Awards
The answer depends upon what the company's governing documents say. I deal with these messy cases (oftern referred to as "Business Divorce") all of the time and would be happy to speak to your boss.
Answered on Oct 31st, 2019 at 9:29 PM
Lou Russo RUSSO LAW LLC info@russolaw-llc.com 929-292-1101 www.russolaw-llc.com