I think that is good. The only thing I would add is that they reimburse you your ownership percentage interest times the excess salaries they paid themselves and their relatives over the national medians.
I hope this has given you the guidance you were seeking. I wish you the best of luck!
If you have a follow-up question, please remember that there might be a delay between your follow up questions and my answers because I may be helping other clients or taking a break.
The information given here is not legal advice. As all states have different intricacies in their laws, the information given is general only. This communication does not establish an attorney-client relationship with you. I hope this answer has been helpful to you.
You're welcome. The attorney's fees will go to the prevailing parties. I would recommend that you provide that it is not appropriate for the partnership's lawyer to represent either of you because of the inherent conflict of interest and this what would be appropriate would be for you to each retain your own lawyers at your own costs. Inform them that to do anything different would be to cause one party to disproportionately pay the other's legal fees.
You're welcome. Cash is always difficult to track. If you suspect that, you would want to, during your suit, ask for discovery of all their bank accounts and transactions to see if there is any unaccounted for cash. Also, you could hire a private investigator and/or forensic accountant to monitor the activities.
I can always help you through here. JA won't allow us to exchange personal info and represent you outside this forum. I'm sorry!
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