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My business partner owns 51% of our Elsie I own 49% he
My business partner owns 51% of our Elsie I own 49% he dissolved the yellow sea without my permission and change the locks and kick me out of the business that I built with my own money and my own 2 h… read more
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Adam Yarussi
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Business law, so I got into a relationship and invested and
Business law, so I got into a relationship and invested and worked for the owner of an interior design firm. I have documented texts, emails, and bank statements to support knowledge and proof of the … read more
Ben S.
Ben S.
Owner
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My buisness partner who 51 percent changes the rules
My buisness partner who 51 percent changes the rules verbally all the time he is now making me hold 10,000.00 of my prophets in our bank and won't let me take any of it as I need can he do this?… read more
KLAW
KLAW
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I own an S-corp for my band/music business and decided to
Hi! I own an S-corp for my band/music business and decided to make one of the band members a co-owner 51/49%. Trying to find out the best way to do this. We're a young company and not making money yet… read more
Richard - Bizlaw
Richard - Bizlaw
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My wife and my wife's friends are partners with 51% and 49%
My wife and my wife's friends are partners with 51% and 49% in a LLC firm. My wife's friend with 49% partnership hasn't committed any capital or time and doesn't have interest to move forward with us.… read more
Irwin Law
Irwin Law
Juris Doctor JD
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I have someone that we want to be our RMO corporation.
I have someone that we want to be our RMO corporation. In order to be the RMO corporation, on paper he needs to own 20%. I need to create a document that basically removes his power as a share holder … read more
Maverick
Maverick
Doctoral Degree
8,059 satisfied customers
, I own 49% and my partner own 51%. I have a couple of questions 1.
, I own 49% and my partner own 51%. I have a couple of questions 1. Do I have any say with dealing with business issues? 2. Does he have the right not pay me my profit and losses because he is 51% own… read more
Richard
Richard
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WITH A 51/49% PARTNERSHIP, DOES THE 51% PARTNER HAVE THE FINAL
WITH A 51/49% PARTNERSHIP, DOES THE 51% PARTNER HAVE THE FINAL DECISION ON BUSINESS OPERATIONS, PURCHASES,SALES AND AND TAKING OUT LOANS?… read more
Isaac, Esq.
Isaac, Esq.
Attorney at Law
Doctoral Degree
42,567 satisfied customers
In Virginia when two individuals are in a business partnership
In Virginia when two individuals are in a business partnership and one has 51% ownership and the other has 49% ownership, can the one with the largest percentage fire the one with the lesser percentag… read more
Lucy, Esq.
Lucy, Esq.
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my question may be specific to the state one lives in ! I live
my question may be specific to the state one lives in ! I live in New York ! I previously asked a question concerning a partner and restructuring of the partnership since a large inequity existed in o… read more
socrateaser
socrateaser
36,637 satisfied customers
My company recently received a small check for about $500.00.
My company recently received a small check for about $500.00. My business partner had the company's account closed and deposits are no longer permitted to the account. He has asked me to send him the … read more
TexLaw
TexLaw
Attorney
Post-Doctoral Degree
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I am President and a 51% owner of a very successful home remodeling
I am President and a 51% owner of a very successful home remodeling business.I have a partner who is not contributing what I feel he should.He works as little as possible and i have to keep reminding … read more
Phillips Esq.
Phillips Esq.
Attorney
JD
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From 2007-8 I was CEO of an LLC with two other partners at
From 2007-8 I was CEO of an LLC with two other partners at a 49/2/49 split. The LLC was strictly a shell to hold intellectual property and do business in the US. There was a 2nd company in Canada that… read more
socrateaser
socrateaser
36,637 satisfied customers
My husband started a business with 2 other partners -- one
My husband started a business with 2 other partners -- one partner convinced my husband that he should be 51% owner of this machine shop, so that no large company could come in and take controlling in… read more
socrateaser
socrateaser
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I have a partnership and we are trying to figure out shares/stocks
I have a partnership and we are trying to figure out shares/stocks of our business and who gets what. She wants to go 50/50 and I want to go 51/49. My question is the idea of this business was mine, I… read more
FLACORPLAWYER
FLACORPLAWYER
Doctoral Degree
1,750 satisfied customers
my husband has a business in europe and lives in usa. He has
my husband has a business in europe and lives in usa. He has a partner. my husband makes no money off this business because he is not there to work alongside his partner. Shouldn't he get some sort of… read more
Jack R.
Jack R.
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If you have two partners in a general partnership with a 49/51
If you have two partners in a general partnership with a 49/51 split. Can the partners also be "employees" of the partnership whereby the services they provide are compensated and do not reflect on th… read more
Richard
Richard
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Doctoral Degree
54,042 satisfied customers
I am a 49% owner in a partnership, my partner owns 51%, does
I am a 49% owner in a partnership, my partner owns 51%, does my partner have the right to remove me from the company checking accounts?… read more
Ellen
Ellen
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20,888 satisfied customers

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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).

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