Elawyers Elawyers
Ohio| Change
Asked in CA May 26, 2022 ,  0 answers Visitors: 8

Purchasing of an e xiting partner shares

a partner in a corporation wishes to sell his shares, but he is alao asking for 40% of the start up cost on the books . Can he do this, how can he ask for something that the other partners have to carry on the books and be responsible for the liabilities, if he ask for 40% of the start up cost, should he not be responsible for 40% of the liabilites

Data From  LAWGURU_Question

1 Answers

Anonymous
Reply

Posted on / Jun. 30, 2008 13:02:00

Re: Purchasing of an e xiting partner shares

He can ask for anything he likes, so can you. Negotiate a resolution or litigate it are your choices. Feel free to contact me if serious about getting legal help in properly handling it.

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question
Search for lawyers by practice areas.
Find a Lawyer