Legal Question in Business Law in New York

Business partner stealing

My business partner has been taken checks made out to our company and depositing them into her own personnel account. What can i do? She stated she has the money and it is in escrow account because she says i have stealing from her.


Asked on 1/31/07, 12:20 am

1 Answer from Attorneys

William Frenkel Frenkel Sukhman LLP

Re: Business partner stealing

Depending on the amount at stake, the degree of your control over the company and other factors, you may need to retain a commercial litigator to pursue this matter effectively. It may be feasible to negotiate a settlement out of court but based on your short description it is impossible to evaluate your case. While there may be a criminal aspect to your case you should know that you would not be able to obtain any relief in a criminal proceeding and need to commence your own civil action to recover misappropriated funds.

The above response is in the nature of general information, is not legal advice and should not be relied on as such.

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Answered on 1/31/07, 10:54 am


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