Legal Question in Business Law in Nevada

No, it is not lawful to just unilaterally remove a partner from a business. While they can physically take these actions it leaves you with claims. But do you want to sue your daughter and her husband? That might be tempting now but will it still sound like a good idea a year from now? The other issue is the one of damages. The impression I get, although I could be wrong, was that you never really began any business dealings. So there really is no hijacking of the profits here. It appears that they just decided to commandeer the entity. In such a case, what would you sue for? You can't really claim that this cost you money (unless it did of course). If you have lost out of pocket expenses then sure you can sue for that, but you can't sue for say future profits, etc. And regards to specific performance, do you really want a judge to order them to allow you to be a partner? If this is how they operate, you don't really want to be in business with them right? Maybe just keep it more familial and less business related?

If I missed anything or if you need clarification, I suggest that you consult with a lawyer in private and discuss your objectives in more detail. You can start by calling around to several for a free phone consultation, get some insights then pick the best fit to work with.

If you would like to discuss further over a free phone consult, feel free to contact me anytime that is convenient.

Our firm is now referred by the American Bar Association (see under the New York section): http://www.americanbar.org/groups/delivery_legal_services/resources/programs_to_help_those_with_moderate_income.html

Kind regards,

Frank

www.LanternLegal.com

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DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.