Legal Question in Business Law in New York

I had to leave a company where I was a 40% partner in an LLC because I was not able to get a consistent draw. We had an agreement that if I paid 52K toward a LOC that we both personally guaranteed. I made this payment to the bank and am no longer on the loan. Unfortunately our agreement is in several emails but not a final signed agreement. He is now trying to add things to the agreement and has not made a payment on the AMEX which unfortunately only has my name attached. Even though I don't work there but I 'm still a 40% partner what are my rights if any at this point?

Thanks


Asked on 9/22/09, 10:23 am

1 Answer from Attorneys
Steven Czik CZIK LAW PLLC

We have substantial experience handling these types of cases, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.

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STEVEN J. CZIK, P.C.

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Answered on 9/29/09, 6:28 pm


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