Legal Question in Business Law in Florida
Dissolving a partnership
I am a part owner of a service type business. We are Incorporated and my partner and I have an equal amount of shares in the company. My question is, can a Corp. be dissolved even if the other partner refuses? I would like to take half of the service accounts and start my own business. In turn he would have half to do with what he wants. At this point he refuses and wants to sell the Company. What are my legal rights? Thankyou
Asked on 1/14/06, 10:19 am
1 Answer from Attorneys
James Woodruff
The Woodruff Law Firm, P.L.
Re: Dissolving a partnership
First off, if you are incorporated you are not a partnership. You need to consult your By Laws and Article of Incorporation to determine the answer to your question.
Answered on 1/15/06, 11:32 am
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