J
jamm2m2
Guest
What is the name of your state? Nebraska
I own 1/3 of a restaurant. The business has seen net losses every month for the past eight months.
The three partners (including me) have tried to sell the restaurant but unsuccessfully. We decided to stop operating, but after I decided to leave the area and move back home (out of state) my two partners decided that they'd like to continue operating. The business has virtually no chance of turning itself around, and my two partners refuse to buy my 1/3.
Can they continue operations without my approval, and if so, am I liable for losses?
I own 1/3 of a restaurant. The business has seen net losses every month for the past eight months.
The three partners (including me) have tried to sell the restaurant but unsuccessfully. We decided to stop operating, but after I decided to leave the area and move back home (out of state) my two partners decided that they'd like to continue operating. The business has virtually no chance of turning itself around, and my two partners refuse to buy my 1/3.
Can they continue operations without my approval, and if so, am I liable for losses?