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I am hoping that we can come to a mutual agreement on the responsibilities and legal rights of each partner.
yes, I need to know since my legal rights since my other partner and I are not listed on the corporation but we all agreed to a percentage of the business earning. My partner and I funded the startup of this business over 1 year ago. Now that the business is doing well and the other partner does not need additional funds from us to operate the business he is now holding back on financial reports and is now starting to email final numbers without any backup documents and we know for a fact that those numbers are not correct.
no, verbal agreement but we have emails and payments (dividends) that were paid to us that shows our percentage.
y e s