Verbal Partnership Rights
Hi,
Last October a lady I met asked me to become her business partner in a kids website she had already started. No written agreement exists.
She stated that there was no money at that time, but I could partner with her and help her develop the website with the promise that we would franchise the business and make a lot of money.
I spent a lot of hours upgrading the website, researching and adding keywords, obtaining content for the website and uploading it with clipart to the website, etc.
I also purchased a 6 month subscription to a clipart site, and spent money on other things to help us enhance the website and get it ready to franchise.
Last week she emailed saying she didn't think I was pulling my share of the responsibility and that we should ''go our separate ways''.
What rights do I have?
Can I invoice her for hours spent?
Am I still considered a partner since she made a verbal agreement and I have some emails from her talking about money ''we'' were going to make in the future, etc.
Thank you.
Asked on 7/27/06, 12:20 am
1 Answer from Attorneys
James Grissom
Law Office of James P. Grissom
Re: Verbal Partnership Rights
You have a partnership agreement, but you will have to sue for an accounting in order to assert your interest.
Answered on 7/27/06, 9:19 am
Related Questions & Answers
-
Stop payment on check What can I do to get payment on a check that the person... Asked 7/26/06, 5:16 pm in United States Texas Business Law
-
Ok to assume contract if you can not deliver and all parties aware? Company T has... Asked 7/20/06, 12:07 am in United States Texas Business Law
-
Non-Compete Agreement How well do non-compete agreements hold up in Texas? Asked 7/19/06, 5:33 pm in United States Texas Business Law
