william john
Junior Member
HELP PLEASE.
I am a 50% share owner in a company. Over the last 3 years I have had issues with an ex-wife who has caused no end of problems emotionally and professionally. This hasnt been helped by the fact that my son has been quite ill over this period. I am now in a situation where my business partner is now looking for 60% of the business. He is putting pressure on me to hand over the 10% saying he will leave otherwise. I see this as a shame as we have developed a small relatively successful business. Can someone please give me some advice on what the implications could be if I hand over the 10% or some advice on whether it might be a good thing to just go out on my own. At the moment my head is totally in a mess.
I am a 50% share owner in a company. Over the last 3 years I have had issues with an ex-wife who has caused no end of problems emotionally and professionally. This hasnt been helped by the fact that my son has been quite ill over this period. I am now in a situation where my business partner is now looking for 60% of the business. He is putting pressure on me to hand over the 10% saying he will leave otherwise. I see this as a shame as we have developed a small relatively successful business. Can someone please give me some advice on what the implications could be if I hand over the 10% or some advice on whether it might be a good thing to just go out on my own. At the moment my head is totally in a mess.