I want to know if he have any claim on the shop I want to sell now. And also if he can give me a bill for his time he put in during the time he was an partner. Neither of us took a salary during this time because there were not enough money to cover all costs
Yes. It was. In the end we had 3 shops and I gave him 2
ok - do I have to do anything or will they pick it up automatically?
Hello, I will try to help you. Please remember I just report or interpret the law, so the outcome may not be what you hoped for. At this juncture, you do not have to take any action. Once you transferred the 2 shops to your partner and took the third one for yourself, your partnership terminated and there was nothing either of you had to account to the other for. Your position is that you owe him nothing on the sale of your shop and he owes you nothing on the sale of his.
If he disagrees, he will have to file suit and prove that there was some ongoing obligation. Given the facts posted in your post, he will not be able to make those proof and a court will not sustain his claim.
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Thank you so much
Just one more question. What about the fact that he wants to send me a bill now for the "time and effort" he spend at the shop during the partnership. Dont know if I have mentioned it but neither of us took a salary besides some gas money once a week
Your position is that all issues were resolved when the partnership was terminated and the shops divided. You would have an equal or greater claim for your time. The transfer of the shops settled all claims between you two, that is your position.
Thanks a million - I appreciate it and will sleep so much better tonight!!
Thank you for following up. Great service!!
We met and talked about the whole thing last weekend and both decided to give it a rest. He is still pretty upset (but calm). The only thing is that he "warned" me that there would be "consequences" if the new owner took some business from him.
I know this is ridiculous but can he sort of claim "lost of income" or anything similar? Doesnt make sense to me but with the law you never know what might jump out.
The final sale of the shop is not through yet - hope to hand over by the end of the week after all the approvals etc. I am sooo tired and frustrated with the whole thing. Lesson learned "never ever do business with a friend or someone you know very well" Sad but true!!
Thanks a lot. I will for sure contact you n future if I need to.
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