Brooks – Mustic Business Partnership
• In July 2008, a friend asked me to partner with him in a business in Gwinnett County, Georgia. In Georgia, a person needs a State Contractors License to open a business. He needed me as a partner since I have a State Contractors License required to open a business. His promise to me was I can retire and draw $24000 and he’d run the business.
• For 4 years, I listened to excuses from my partner that business was slow and he never paid me a cent. I gathered evidence he was making good money and being untruthful to me.
• In August 2012 I had enough evidence that my partner had been untruthful to me and really only wanted me as a partner to gain access to my State License. I informed him the partnership was over and I wanted payment to end the partnership. He denied paying me anything.
• I figured it up and I saved him $200-320K over 4years by being his partner. Without me and my State Contractors License, he would have had to hire an employee who was State Licensed. So, I saved him overhead expense.
• Also, he commented he’s paid himself $80k for 4 years and he’s enjoyed 100% the total company profits.
My question is what all can I sue him for?
I am thinking this is a case of unjust enrichment.
I am figuring $24,000 per year (2009-2012) for the past 4 years which would total $96,000.
Or, can I only sue for 50% profit even though we verbally agreed to $24k per year?
Can I sue for a percentage of the savings that occurred over the years 2009-2012 since he saved $200-320K by using my license?
I am also figuring I should be able to sue for a percentage of profits, equipment purchased, etc. during 2009-2012.