M
MESMITH01
Guest
I am a 50% owner of a small business. my partner has recently started taking large amounts of money from the company, he calls his pay check. he pays no taxes, has let the liability insurance run out. and pays employees cash. he has control of the checkbook so i cannot access any funds. asked him to buy me out and he offered an embarrasssing offer. how do i shut the business down? what rights do i have as half owner. how can i keep him from selling off all the equipment a pocketing the cash?
we have no legal contract betwwen us. we are a corp.
we have no legal contract betwwen us. we are a corp.