1. Neither of us has the financial means to sell to the other
2. We tried mediating a solution and we could not come to an agreement
3. No one is going to buy our business with less than three years left on our lease in this economy.
Is there any other course of action?
Sorry, but I need some clarification:
-If I were to commence a lawsuit to force the sale of the property, does everything stay 'status quo' until there's a buyer? If there's no buyer, does the lawsuit protect me in any way in terms of the limited personal guarantee?
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