Legal Question in Business Law in New York

Partnership sabatouge

i have a 50% partner in a business that is doing everything to destry the business. he froze the account, he is refusing to pay our vendors which we owe money to, and finally, he fired our only employee which runs the whole operation. can i do something about this? i have lost some clients already. what can i do?


Asked on 6/05/08, 9:30 pm

3 Answers from Attorneys
Anthony Colleluori The Law Offices of Anthony J. Colleluori & Associates PLLC

Re: Partnership sabatouge

YOu need a lawyer fast. You need to bring an order to stop him, and to partition the business. Do not delay. As a partner he can also borrow money in the name of the partnership and can make contracts.

If you want to speak to me about representing you, you may reach me through the links below.

Good luck.

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Answered on 6/06/08, 12:59 am
Christopher Hoyt The Law Offices of Christopher W. Hoyt

Re: Partnership sabatouge

You should speak with an attorney right away to determine the best course of action.

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Answered on 6/06/08, 2:51 am
Nancy Delain Delain Law Office, PLLC

Re: Partnership sabatouge

Yep. I'll add my voice to this chime. You need to talk IMMEDIATELY with an attorney.

Next time, please be aware that a 50/50 partnership is NEVER (yes, I used a superlative, so it must be a Really Big Deal) a wise business decision.

THE INFORMATION PRESENTED HERE IS GENERAL IN NATURE AND IS NOT INTENDED, NOR SHOULD IT BE CONSTRUED, AS LEGAL ADVICE. THIS POSTING DOES NOT CREATE ANY ATTORNEY-CLIENT RELATIONSHIP BETWEEN US. FOR SPECIFIC ADVICE ABOUT YOUR PARTICULAR SITUATION, CONSULT YOUR ATTORNEY.

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Answered on 6/06/08, 7:59 am


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