Legal Question in Business Law in Georgia

You have two different issues. 1) Can you forfeit your shares? Only if there are agreements in place where you can force the company or the other shareholders to buy you out. You may be able to sell your shares to an outside party, but this may be restricted by an agreement. 2) Can you retain your customers? That is much more fact-sensitive issue. Once you are no longer an owner, director or officer of the company, you are free to compete with it, unless there is an agreement in place that states otherwise.

If you would like to discuss any issues further, please feel free to contact my office. The link to my contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

Since you didn't tell us what your partnership agreement says no one here can tell you.

It depends. What does your partnership agreement say? Did you sign a non-compete agreement? If you want a Georgia business lawyer to review your documents and advise you of your options/rights, please feel free to contact me directly at [email protected]

Best of luck.