Legal Question in Business Law in Ohio

I have a small printing business (one man shop) under a C corp setup, shared

ownership with the ex, (51%/49% ownership) and just recently was devorice. I no

longer have an accountant and/or business attourney.

My question(s) ... She wants out of her ownership (49%), how do we go about changing things

over to me - 100% ... What's the best setup for running a business that's very small C Corp, LLC, or

what?

Thanks ...


Asked on 2/23/11, 2:55 am

1 Answer from Attorneys
Kevin B. Murphy Franchise Foundations, APC

As a Franchise Attorney I can say this. Without know the specifics of all surrounding facts and circumstances it's not even possible to begin to give advice. If you went through a divorce, ownership in the C corp should have been allocated and decided. You really need to sit down with a good business or franchise attorney in your area to review everything and for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation

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Answered on 2/23/11, 8:29 am


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