California  |  Business Law

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7/07/09, 2:53 pm

Legal Question


Splitting an LLC

My boyfriend (ex now- we broke up about a month and a half ago) and I have an online business that has been operating for a little over 2 years. We became an LLC in Feb 2009 and we never filed the statement of information. I called the county clerks and they said my name wasn’t on the llc information however; my name is on the business license, factious business license as well as the home occupational permit. We don’t have a written agreement however we have a verbal agreement stating that everything was to be split 50/50. We put together a very rough estimate of the assets (163 thousand) and he offered to give me 20,000. This is no where near half. He thinks he has the right to subtract rent, food, clothing, car payments, gas and car depreciation off my half of the business. Absurd! Am I entitled to 50% of everything if my name isn’t on the LLC paperwork? I don’t have much money to pay an attorney, is there a way to have him pay? I have given him 3 weeks to sign documents stating that I’m not longer apart of the business and he is supposed to send me 20,000 but he has taken no action. I have given myself plenty of time to think about this and I would either like my half, my half and royalties, or is it possible to take the biz?


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