Business Law

Ask a Business Lawyer. Get Business Law Questions Answered ASAP.

Ask a Lawyer,
Get an Answer ASAP!

Business Law

my partner took over the business by force, meaning that he

Customer Question
said he was disolving the...
my partner took over the business by force, meaning that he said he was disolving the partnership and i should come and pick up my half of want he said the company was worth.
we are 50 50 partners and i have no intentions of selling to him. he has taken over the workers and all of the equipment and is putting all of the income that comes in into his personnel business acct. he has told all of our customers that he is now in charge and all of the checks should be made out to him. we currently gross 385,000. he is trying to force me out. what should i do .
Submitted: 5 years ago.Category: Business Law
Show More
Show Less
Ask Your Own Business Law Question
Answered in 2 minutes by:
3/1/2012
Business Lawyer: David L, Attorney replied 5 years ago
David L
David L, Attorney
Category: Business Law
Satisfied Customers: 3,255
Experience: Corporate and Business lawyer since 1997
Verified
Hello. The quickest way to maintain status quo so you can resolve the partnership issues is to file suit and ask the judge to grant a temporary injunction to protect the assets. If an injunction is granted, the other partner would not be able to control the assets until the issues are resolved. Without this remedy, you risk him making decisions on his own.
David L
David L, Attorney
Category: Business Law
Satisfied Customers: 3,255
Experience: Corporate and Business lawyer since 1997
Verified
David L and 87 other Business Law Specialists are ready to help you
Ask your own question now
Ask David L Your Own Question
David L
David L
David L, Attorney
Category: Business Law
Satisfied Customers: 3,255
3,255 Satisfied Customers
Experience: Corporate and Business lawyer since 1997

David L is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Infolawyer

Infolawyer

Attorney

1,793 satisfied customers

Experienced lawyer

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

1,611 satisfied customers

Run my own successful business/contract law practice.

MShore Law

MShore Law

Attorney

1,233 satisfied customers

Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements

RGMacEsq

RGMacEsq

Attorney

742 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

640 satisfied customers

17 years practicing attorney, JD, BA, MBA

Ely

Ely

Attorney

564 satisfied customers

Counselor at Law.

J.Hazelbaker

J.Hazelbaker

Attorney

393 satisfied customers

Experienced and trained in the area of business law.

< Previous | Next >

Related Business Law Questions
I am in a Partnership LLC in PA and my business partner has
I am in a Partnership LLC in PA and my business partner has never paid me her share of the initial purchase of inventory as I paid for it on my personal credit card. Since she has never paid if it her… read more
LegalGems
LegalGems
Juris Doctorate
10,196 satisfied customers
I own a print shop and I have a partnership that I am about
Hi there, I own a print shop and I have a partnership that I am about to exit. The old partner ceased to work here and decided they want out. We are not able to agree on a price so I have decided to o… read more
Roy Hadavi
Roy Hadavi
Attorney
Juris Doctorate
896 satisfied customers
I decided to sue my business partners. The business is going
I decided to sue my business partners. The business is going to operate in Panama city beach Florida but we live in Pembroke Pines Florida. What court should i use for this? … read more
Damien Bosco
Damien Bosco
2,998 satisfied customers
Do informal Partnerships need to register with a State or
Do informal Partnerships need to register with a State or Federal entity? … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I have a limited partnership with the general partner
I have a limited partnership with the general partner interest being held by a trust. I am the only trustee. I want to turn the trust over to my daughter. My thought is to "appoint" her a trustee of t… read more
Damien Bosco
Damien Bosco
2,998 satisfied customers
I have questions about dissolving a partnership. Need to
I have questions about dissolving a partnership. Need to speak to a business lawyer. Please call me at ************… read more
Michael Bradley
Michael Bradley
JD
1,131 satisfied customers
I have a partnership with a business partner. We sell goods
Hello. I have a partnership with a business partner. We sell goods online and formed an S corp. We both have put equal amounts of investment and we have spent somewhat close to the same amount of time… read more
Ray
Ray
Lawyer
Doctoral Degree
30,259 satisfied customers
A partnership agreement states that the members are to make
Good morning. A partnership agreement states that the members are to make a specified capital contribution. When only one partner performs and holds a 34% can the non-contributing partner's interest b… read more
LegalGems
LegalGems
Juris Doctorate
10,196 satisfied customers
I have a complicated partnership question and want to know
I have a complicated partnership question and want to know how to analyze a reoccurring transaction which has occurred for the past 5 years and what amount of money would compensate one of the partner… read more
Ray
Ray
Lawyer
Doctoral Degree
30,259 satisfied customers
I am in a business partnership that is dissolving. my
I am in a business partnership that is dissolving. my partner is grumpy. what do i need to do to protect myself? … read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
5,967 satisfied customers
Is there a difference in 50/50 partnership (company) and
Is there a difference in 50/50 partnership (company) and 50/50 partnership in profits and loss?… read more
Ray
Ray
Lawyer
Doctoral Degree
30,259 satisfied customers
In State of Mississippi does a limited partnership
In State of Mississippi does a limited partnership automatically dissolve if the sole general partner resigns without giving the limited partners the required notice required under the limited partner… read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
I have a business that doesn't have a partnership agreement.
I have a business that doesn't have a partnership agreement. My other partner has just blocked me from everything(email, invoices). What do I do?… read more
Infolawyer
Infolawyer
Attorney
Doctoral Degree
1,793 satisfied customers
Question: Is a "general" partnership formed for the purposes
Question: Is a "general" partnership formed for the purposes of renting residential property not "transferred" to the partnership, required to be registered by the Division of Corporations under Flori… read more
Irwin Law
Irwin Law
Juris Doctor JD
7,052 satisfied customers
Partnership Tax Law - Technical... Partnership Tax Law -
Partnership Tax Law - Technical... Partnership Tax Law - Technical Termination Question: A grantor trust held 67% ownership of family limited partnership. The grantor died in March 2017, the grantor t… read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
I own a small business partnership, Need to define laws to
I own a small business partnership, Need to define laws to dissolve it. … read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
I have been a signer on a business partnership bank account.
I have been a signer on a business partnership bank account. Recently, a new partner was added to the business, and I learned that new partner was added to the bank account as a signer. I would not ha… read more
Ray
Ray
Lawyer
Doctoral Degree
30,259 satisfied customers
I've separated from a partnership business mid last year and
I've separated from a partnership business mid last year and need to know if I'm entitled to a copy of the business tax return filed for my records? … read more
Infolawyer
Infolawyer
Attorney
Doctoral Degree
1,793 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x