My business partner did not contribute to the work we were doing despite many written commitments. He did not see a single project through completely and now is out of the business. We had an operating agreement in place. It stated no one can voluntarily leave the business. I have his signed notice of leaving the partnership stating it is a wrongful dissociation. Can I go after him for anything on this?
1 Answer from Attorneys
If your OA stated that no member can leave voluntarily you can proceed for a claim of breach of contract. The more important question is what are your damages and that takes a review of the OA, your business, and many more facts. Contact an attorney for advice.
Related Questions & Answers
Hello - What are the best, quickly formed, inexpensive, legal options for creating a... Asked 9/15/19, 12:25 pm in United States Colorado Business Law
If a doctor receives a check from Medicare can he sign it over to a 3rd party for... Asked 12/05/18, 8:30 am in United States Colorado Business Law
Is a LOI , Letter of intent a binding agreement to receive a payment? Thank you Asked 9/29/18, 7:21 pm in United States Colorado Business Law
I started a food cart and had a friend join in March. He called himself a 50/50... Asked 9/25/18, 7:19 am in United States Colorado Business Law