Some months ago we formed a partner ship. we did not have anything in righting we did not sign anything in the partner ship. we are going to split it up. i was the invester and i have 51% of the LLC. my partner has no money invested in the Bus. I was paying him around !000. a month. my budget has run out and we were not able to get our idea to get going. it is a video game and there is some art work that i had done by a video production Co. i made the contract with the Co. my question is since i pade for the work and i am on the contract not him. Who does the art work and related material belong to??. John S.
Optional Information: Country relating to Question: United States Already Tried: I have talked with my partner and told him i am out of money and will be desolving our partner ship.
Thank you for your question.I am assuming from your description that the contract was signed in your individual capacity and not through the LLC. Because you contracted with the company individually (and not through the partnership) and paid for the artwork, it belongs to you. If your partner tries to make a claim to the artwork, he would have to assert that you had an agreement regarding ownership of that asset, which would be difficult to do absent a written agreement. You can simply testify that you did not have any agreement, if that is the case, and that you bought the asset in your individual capacity. For those reasons, it would be quite difficult for your partner to make a claim to that asset.
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