Legal Question in Business Law in Maine
Business Partner
How can I force my Business Partner to share info about our company?
Asked on 10/24/07, 12:50 pm
1 Answer from Attorneys
Jerome Gamache
Ainsworth Thelin & Raftice, P.A.
Re: Business Partner
The answer to this depends upon what type of business arrangment you have. Are you a partnership? If so, Maine statute allows for you to formally obtain that information and sue if necessary to split up the partnership and divide the costs and profits. If you are a corporation, a different part of Maine statute details your rights as shareholders, including a right to access to the company books. The Bylaws and other shareholder agreements may also be relevant to the analysis if any exist.
Answered on 10/29/07, 1:34 pm
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