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Marcus Parker
Marcus Parker, Attorney
Category: Business Law
Satisfied Customers: 460
Experience:  Experienced in corporations, LLC, partnerships, etc., formation and operation
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just started a small business with a partner who left after ...

Resolved Question:

just started a small business with a partner who left after 7 weeks in business what are my obligations to her? i have invested 16,000 into this bussiness she has invested about 9,000 do i have to pay her the 9,000 because she left with a lot of bills owing that she was supposed to pay to bring her share up to what i put in.
Submitted: 9 years ago.
Category: Business Law
Expert:  Marcus Parker replied 9 years ago.

No, you don't have to buy her out at this time.

Is there a written partnership agreement?

Marcus Parker and 3 other Business Law Specialists are ready to help you
Customer: replied 9 years ago.
Reply to XXXXX XXXXX's Post: she has declined customers and has threatend to put us out of business unless I pay her 10,000 dollars