How do I get my half of an LLC that I started with a partner?
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How do I get my half of an LLC that I started with a partner?
I started lumbing company with a partner and he got hooked on drugs and ran off with two old vans and all tools after less than 2 years of business. Then 6 months ago I seen a commercial for our plumbing company on TV ( all hours plumbing ) same name, same phone numbers and everything. This was the first time I had seen or heard from him or anything to do with the business in years. The company was established over 9years ago. Do I have any recourse?
Asked on July 5, 2012 under Business Law, Oklahoma
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Yes, I am sure that there is some recourse here but it depends on what you wish to do. There are a lot of issues here. First, did you have a partnership agreement? Did you file any type of restraining order against him to use the company numbers, etc.? Next, what proof do you have that you were a partner in the LLC? Any bills for the legal work with both your names on the books as officers of the company? Receipts for the tools he stole? You are going to need this all. You can speak with an attorney about an injinction against him to stop him from using the names, etc. and the damages your state law will allow. Good luck.
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