Legal Question in Business Law in Illinois
Void Pre-incorporation Agreement
I signed a pre-incorporation agreement with a partner on an Internet venture. The other partner has since stopped his interest in pursuing the business, and I want to void the pre-incorporation agreement so his equity in the business is voided. How can this be accomplished?
Asked on 3/10/07, 3:54 am
1 Answer from Attorneys
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
Re: Void Pre-incorporation Agreement
Send the partner a certified letter of rescission and mention that your partner breached the agreement.
Answered on 3/10/07, 7:46 am
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