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Asked in CA May 25, 2022 ,  0 answers Visitors: 2

Sale of a business

My partner has sold his business with a major corporate insurance agency. The buyer and the corporate agency are forcing me to change my phone number. Is that legal?

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Anonymous
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Posted on / Jan. 16, 2009 00:42:00

Re: Sale of a business

What kind of a partnership was it? If you are accurate in describing the other person as your partner, then you have substantial rights; a true partner cannot usually sell the business, or any interest in it, without unanimous consent of all other partners, and then must share the proceeds. My hunch is you were not partners and there was no partnership. If I'm wrong, see a lawyer right away.

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