Legal Question in Business Law in Illinois

s-corporation

I am 50/50 in an s-corp. I want out. My partner is taking her time deciding what she wants to do, buy me out or dissolve the corp. How can I expedite this matter. Also, her husband who is not involved with the company whatsoever, is trying to dictate how things are going to go and I don't want to work with him. He's trying to bully me into corresponding with him rather than her. What are my options? Thank you!


Asked on 4/30/08, 7:27 pm

1 Answer from Attorneys
John Steele Steele Law Firm

Re: s-corporation

What does your articles say about such situations? If nothing, and if you are 50% owner, the other person cannot do anything without your approval. If they do, sue. they will want to end the relationship soon then.

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Answered on 5/01/08, 7:46 am


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