I sold 55% ownership in an LLC. At that time the buyer took control of the company. We created an operating agreement and both signed it. My copy was destroyed by buglers. The buyer wont send me a copy. He is now shutting the company down and clams that he loaned the company money and the company defaulted on the loan so he took ALL assets as collateral. He told me to just get the document from the state of Arizona however he never sent in the change of ownership to the state so the state still has me listed as owner. What should I consider doing?
Asked on 12/13/12, 9:10 am
1 Answer from Attorneys
Daniel Meek
Daniel W. Meek
Sue him for theft, misappropriation, and embezzlement.
Answered on 12/13/12, 5:08 pm
Related Questions & Answers
-
Under what conditions can a vendor close a retailer's account Asked 7/14/12, 6:41 pm in United States Oregon Business Law
-
Do I have to return a unsigned contract to the company that presented it to me for... Asked 7/06/12, 11:51 am in United States Oregon Business Law
-
Is considered collusion or price fixing if a furniture wholesaler and furniture... Asked 4/30/12, 12:54 pm in United States Oregon Business Law
-
What are the legal ramifications of a competetive equipment company arbitrarily... Asked 4/25/12, 1:45 pm in United States Oregon Business Law
-
If a singer and a record company signs a contract, but the record company does not... Asked 4/08/12, 12:49 pm in United States Oregon Business Law
