Legal Question in Business Law in Delaware

I invested into a small business with a life long friend. He closed the business and took all the cash I invested into the business. Can I file a suit against him to recover my investment?


Asked on 4/24/12, 9:19 pm

3 Answers from Attorneys

Santosh Dash Legal Consultant

it depends the corporate structure of the business in which you were in and also the circumstances. In case your charge is fraud/cheating, you can

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Answered on 4/24/12, 9:55 pm
Roman Fichman Esq. Law Practice of Roman Fichman Esq.

It's difficult to say based on the little information provided. It's best that you speak to an attorney.

Feel free to contact my office at your convenience so we can discuss this. There would be no charge for this initial discussion.

Roman R. Fichman, Esq.

www.TheLegalist.com │ @TheLegalist

email: Info (@) TheLegalist (dot) com

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Disclaimer: This post has been written for educational purposes only and was not meant to be legal advice and should not be construed as legal advice or be relied upon. The post may contain errors, inaccuracies and/or omissions. You should always consult an attorney admitted to practice in your jurisdiction for specific advice. This post may be deemed as Attorney Advertising.

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Answered on 4/24/12, 11:40 pm

Yes, but the strength of your case will depend on how the business was set up and what documentation exists. Feel free to contact me if you want to discuss this matter further.

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Answered on 4/25/12, 11:13 am


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