Legal Question in Business Law in Colorado

What does it take to have an "assumed" partnership? I have treated my manager as a partner. When I hired her, I provided the capital, and she the expertise. I am in debt $200,000 and she has decided to leave, taking with her most of the stylists, and is moving about a mile away.


Asked on 7/23/09, 9:44 pm

1 Answer from Attorneys
Robert Murillo Pivotal Legal Ltd.

This is a complex question and requires more information than provided. You may have a partnership through an oral agreement. You really should have had a written agreement, but if all you have is an oral agreement that may be binding. If there is a partnership this partner may be liable for her actions.

You need to contact an attorney quickly on this matter to assist with some resolution.

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Answered on 7/29/09, 5:21 pm


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