Legal Question in Business Law in Virginia

Suing someone for breach of contract
A year ago, I gave someone 25,000 as an investment in his truck rental business. I gave it thinking that the numbers that he gave me proving his business was profitable were real, when in actuality the numbers were for his previous brand of truck rentals (it was a Uhaul and when I signed a contract he had changed it to Penske). On the contract it says that I own 20% of the business. As such, it also says that he would not be paying any profit until March 1st of 2009 (which he has not done or even discussed).

We created a new business that should have had all the commission money or any business revenue going into it. This was never done. The credit card machine was never linked to the new account, and all the money kept going into his previous business account (he had another business where he did a lot of things not including the truck rental but said he would switch anything related to the truck rental over to the new business account--which he never did).

On email he promised to pay me back after a couple of months my investment because I distrusted him. He didn't. Do I own 20% of his previous company because he didn't put operations into the new account? What kind of lawyer do I need to pursue this case?

Asked on 4/03/09, 6:48 am

Michael Hendrickson Law Office Michael E. Hendrickson

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Re: Suing someone for breach of contract

You need a lawyer who is a competent civil litigator and who can competently represent you in

this matter in the appropriate Virginia circuit court.

Answered on 4/04/09, 12:37 pm

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