What is the name of your state? FL
I have business that is a S corp in FL. I have a business patner with 50% of the shares and I own 50%. We decided to end our business relationship. We decided I would keep the business and agreed upon the terms. She left the business and has not been back for over a month. She has changed her mind on our agreement and is seeking personal counsel. We were trying to do this amicably until she wanted more money. Anyhow is there anyway to get her out? She is not working and she feels she has some leverage over me by being 50% stock and shareholder. She knows nothing financially of the business and does not understand. We have been in business for 11 years and still does not get it. The business is worth nothing(rough times) and I need to move this business forward. And would like to see what you all said before I start spending thousands on attorneys. I would appreciate any hope or help anyone might have. Thank you for your time and consideration in this matter.
I have business that is a S corp in FL. I have a business patner with 50% of the shares and I own 50%. We decided to end our business relationship. We decided I would keep the business and agreed upon the terms. She left the business and has not been back for over a month. She has changed her mind on our agreement and is seeking personal counsel. We were trying to do this amicably until she wanted more money. Anyhow is there anyway to get her out? She is not working and she feels she has some leverage over me by being 50% stock and shareholder. She knows nothing financially of the business and does not understand. We have been in business for 11 years and still does not get it. The business is worth nothing(rough times) and I need to move this business forward. And would like to see what you all said before I start spending thousands on attorneys. I would appreciate any hope or help anyone might have. Thank you for your time and consideration in this matter.