Legal Question in Business Law in Tennessee

I was one of two employees for a company. The company had multiple co-owners. The majority owner had/has no business acumen and was reportedly spending investor money for personal use. A co-owner approached me to set up a like company, that could step in when the majority owner ran the company into bankruptcy. Working at the request of the co-owner, I took the lead and developed a company. I worked on this on and off and basically had it shelved. A few weeks ago I was told the company was out of money and two of the co-owners had not been paid in a month. At that time I told an individual that I was going to spend time on the "back up" company so I would have it ready and have a place to land when the company went belly up. The majority owner got wind of this and fired me over the phone. I received a Cease and Desist order that my patent attorney says is a joke. I have an e-mail trail on about everything. On the surface, does this appear to be an unjust firing that is worth pursuing?


Asked on 5/05/11, 9:02 am

1 Answer from Attorneys
Kevin B. Murphy Franchise Foundations, APC

As a Franchise Attorney I can say the following. Unless you have an employment contract, the job is most likely "at will," meaning either party can terminate for any reason at any time. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation

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Answered on 5/05/11, 3:17 pm


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