Legal Question in Business Law in Utah
If 1 partner has lied, falsified, changed, withheld company paperwork. What options does other partner have? Is there a time limit?
Asked on 1/08/15, 11:49 pm
1 Answer from Attorneys
Randy Lish
Randy M. Lish, Attorney at Law
[email protected] on what your by-laws or operating agreement says, your best recourse is probably to sue to force the partner or co-owner out. You will have to pay for his interest, but you should be able to force the sale of his shares or interest.
Answered on 1/09/15, 8:07 am
Related Questions & Answers
-
As a partner in a company what rites do i have to see and have a copy of company... Asked 12/27/14, 1:16 pm in United States Utah Business Law
-
We have a family company. We are general contractor. 2 people have ownership, but 1... Asked 12/26/14, 2:16 pm in United States Utah Business Law
-
On april 7th 2014 my husband committed suicide while taking chantix. the dr giving... Asked 10/30/14, 11:10 am in United States Utah Business Law
-
My business is LLC, and I'm the only owner on papers. Everything is in my name.... Asked 7/28/14, 8:48 pm in United States Utah Business Law
-
Can i force out a corporate stockholder/owner, with evidence of misuse/fraud with... Asked 7/03/14, 6:33 pm in United States Utah Business Law