Business Contract Question

[dmathews]

In Massachusetts in 2010 i signed a contract with a individual stating we be 50/50 partners in business conducted thru a website company know as servicemagic.com and share profits from such. I had the state licenses and controlled the repairs, installations, & finances, the other person was responsible for sales, contracts & assisting with repairs and installations. after about 6 months i found out he was stealing behind my back, i dont have credible evidence, but after doing a background check on him, i found he had a vast criminal background, and he also started to fail to show up for work when required. i closed the account on the site and told him i was dissolving the agreement, he refused to sign anything and threatened if i went back to the site, without him he would sue. my question is, my contract with him states "servicemagic.com" the company changed it's name a few years ago to homeadvisor.com, does that void my contract now? can i go back to homeadvisor.com open a account and not have to do business with him? is there a time limit he has to pursue a legal action against our contract?.

thanks for any info.

 

[LdiJ]

In Massachusetts in 2010 i signed a contract with a individual stating we be 50/50 partners in business conducted thru a website company know as servicemagic.com and share profits from such. I had the state licenses and controlled the repairs, installations, & finances, the other person was responsible for sales, contracts & assisting with repairs and installations. after about 6 months i found out he was stealing behind my back, i dont have credible evidence, but after doing a background check on him, i found he had a vast criminal background, and he also started to fail to show up for work when required. i closed the account on the site and told him i was dissolving the agreement, he refused to sign anything and threatened if i went back to the site, without him he would sue. my question is, my contract with him states "servicemagic.com" the company changed it's name a few years ago to homeadvisor.com, does that void my contract now? can i go back to homeadvisor.com open a account and not have to do business with him? is there a time limit he has to pursue a legal action against our contract?.

thanks for any info.

Only someone who could review your actual agreement with the individual could advise you on the matter.

 

[adjusterjack]

after doing a background check on him, i found he had a vast criminal background,

Should have checked him out before going into business with him. Lesson learned.

my question is, my contract with him states "servicemagic.com" the company changed it's name a few years ago to homeadvisor.com, does that void my contract now?

I'm going to take a wild guess and say no, it doesn't void your contract.

Consult an attorney.