New York  |  Business Law

Legal Question

Asked on: 4/02/13, 3:01 pm

A friend and I started a website with the hopes of selling advertising space and sponsored content. After some time, the partnership went sour and my partner decided to 'unofficially' withdraw his involvement, but it was he who founded the LLC under which the website was initially operating under. However, I current own the domain name and built the current website from the ground up. I plan on moving forward operating under a new business entity.

My question is threefold: (1) are there any foreseeable complications that can arise from this situation?; (2) what constitutes ownership of a website, branding, etc.?; and (3) can these problems be avoided even if I was never "officially" a partner? (i.e. partnership agreement)

Thanks!

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