QUESTION

New Business

Asked on Dec 23rd, 2012 on Business Litigation - Nevada
More details to this question:
Hello, I bought a new business last month using my own money. Now the people I have been working with want to keep me out of the bar while one "employee" is there. I have paid for everything including 4 new TV's paid vendors with my own checks. Have not seen dime one in returns yet. I live in Nevada and the bar is in Reno. What can I do?
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1 ANSWER

R. Christopher Reade
You indicate that you have purchased a business.  Assuming that you have completed all payments and closed on the purchase, then the Business should be yours to operate as you see fit and without exclusion from your own business.  Your situation sounds sufficient complicated in the terms of the purchase and under which other persons are continuing to operate that for which you have paid that you should have all of of purchase documentation reviewed by competent counsel at your earliest opportunity. 
Answered on Dec 26th, 2012 at 1:41 PM

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