Legal Question in Business Law in Arizona

Disolving a business

My partner & I have operated a cleaning business for 5 years. We formed a corporation for a few months, then returned to sole proprietors each using our own ss# as tax ID. We use one business name but we invoice our clients seperately for half of each job. Our number of clients has increased greatly over the years. I'm considering a move out of state and I need to know if I am legally entitled to monetary compensation for my half of the business even though no partnership agreement was ever signed. .


Asked on 1/19/05, 6:02 pm

1 Answer from Attorneys
Gerd Zimmermann zimmermann nielsen & colleagues

Re: Disolving a business

You are in pricipal entitled to be compnesated for your half of the business, but ypu should also consider to make payments possible without killing the business

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Answered on 1/19/05, 7:09 pm


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