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Hi, over a year ago I signed a partnership agreement with a business partner in the United States. This partner has not made any payments. This person proceeded to convert the partnership to an LLC. Is there any possible remedy?
No there wasn't many assets in the partnership. The income expected was more supplementary to my main income. It was significant but not extraordinary.
The contract, from what I can gather, wasn't legally drawn up. It was a template partnership agreement; is that still a valid partnership agreement? There was consideration, the address of the partnership, my ownership detailed, and duties that I was to perform. I don't really want to send it on this site, but, generally, could it be valid provided it's from a template? I'm planning on seeing a solicitor soon.