Nevada  |  Business Law

Legal Question

Asked on: 5/20/13, 4:19 pm

If a business was formed with 3 partners each having one third ownership. What actions can be taken if one owner is not carrying out job duties or is otherwise hindering the business?

1 Answer

Answered on: 5/20/13, 4:28 pm by Paul Malikowski

The written partnership agreement, if there is one, should spell out the terms of expulsion of a partner or dissolution of the business. In the absence of an agreement, a Court can be petitioned to dissolve the business. Your attorney can explain further.

Did you find this answer helpful?

0 Users found this answer helpful.

0 Attorneys agree with this answer.

Malikowski Law Offices, Ltd. Post Office Box 9030 Reno, NV 89507-9030

Other answers from this attorney

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

70 Answers given in the last few hours.

86611 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search