T
Travis Rieken
Guest
I would appreciate any advice in this area. One year ago i had an idea for a business and asked one of my friends to partner, myself owning 80%, my friend 20%; however we never signed a contract. His father created a business plan for this new business to raise money. I used the business plan to raise the money, but no longer want my friend to own twenty percent, since I raised the capital myself, and don't want him in the company at all.
Legally can he sue for his portion of the company because we used his business plan?
Do I owe his father anything for the plan?
Basically can he take me to court on any grounds?
I would greatly appreciate any advice thank you!
Legally can he sue for his portion of the company because we used his business plan?
Do I owe his father anything for the plan?
Basically can he take me to court on any grounds?
I would greatly appreciate any advice thank you!