Legal Question in Business Law in Ohio
Lawsuit Questions have to sign by 7-31-06
I am named personally in a lawsuit at a business I am no longer involved with. That business and the owner have reach a settlement in a lawsuit that came about before I left. Do I have to sign that settlement or can just my former partner and the business sign. I don't want to sign because I don't want jepordize any future claims I may have against the company suing us also it says we are responsible for their attorny fees and court costs. their attorney says thats only if we don't live up to the agreement I don't read it that way and I'm concerned about it. If I do sign a mutual release under the threat of a continuing suit against my former colleage would I have future claims of signing under duress or bad faith, etc.
thank you for any help
2 Answers from Attorneys
Re: Lawsuit Questions have to sign by 7-31-06
This depens entirely on the language of the settlement agreement. Further info cannot be given unless the agreement can be reviewed,
Re: Lawsuit Questions have to sign by 7-31-06
You just need to have pay a lawyer to talk with you and look at the agreement. Small price for the security of knowing....should take any lawyer no more than 2 hours...
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