Legal Question in Business Law in Texas

my partner and I own 50% each of a sub chapter S corporation in texas. The real estate is owned outside the corporation as a joint venture partnership. The corp pays monthly rent. As of late , my partner does not wish to continue doing the work that has been assigned and has hinted he wants to quit, retain ownership in both corp and real estate and start to work for a competitor in the same field making more money. What remedies do I have should this take place?


Asked on 9/21/14, 9:54 am

1 Answer from Attorneys
Steven Frankoff Law Offices of Steven Frankoff

I am a Texas business attorney, who is familiar with these issues, but. I am going to need more details i.e. the type of business, what the real estate is, all of the papers and contracts these entities. You have remedies and you have recourse, but information is the key at this point

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Answered on 9/21/14, 11:57 am


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