Production of Corporate Records

[timmur]

florida

We are a small private corporation Sub S in the State of Florida. One of our partners who owns 20% is going through a divorce. She had not been living with her soon to be ex husband for 2 years when becoming involved with us. He is now trying to supoena not only her but my other partner and myself for all corporate records. Is there an appropriate statute that would govern this. We feel this information is not relevant to her case. Also the board of directors has voted not to release this information. Thank you .

 

[JETX]

And on what legal basis for the "board of directors has voted not to release this information."?? You can't just ignore, or vote to ignore, a subpeona. It is a legal notice with repercussions if you fail to respond appropriately.

I strongly suggest that your board reconvene and take a vote on retaining an attorney to review the facts and make an appropriate response to the request for records.

The liability that the Corporation may be assuming in failing to respond could be disasterous. Get legal counsel!