Legal Question in Business Law in Utah
split of business
Is there a way to force a split of a company?
Asked on 5/01/08, 3:51 pm
2 Answers from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Re: split of business
Generally yes. It depends on how the company was set up, along with the bylaws. You may call for a free consultation.
Answered on 5/02/08, 10:36 am
Re: split of business
Yes. Whether it's a partnership or corporation you can file a lawsuit and a judge can order a dissolution or split as appropriate under the facts and law. And, of course, being a court order, it is enforceable through the courts.
Answered on 5/01/08, 3:55 pm
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