Business partner walks


0
If 1 of 3 business partners walk away in November and the business is not making a profit can they come back 2 months later and say to the other 2 business partners you need to buy me out? The business is still making no money but the other 2 are not willing to give up just yet. They have all invested in different ways - different $$ values and time. The partner who walked has put in $10k and owns 19% - the business is not worth much at the moment. They have lots of equipment that was purchased and loaned to the company by a third party but the partner who has walked now wants to be bought out as she can't take the equipment since it is not the company's (we are seeking legal advice but thought i would put it other anyway and see what people say)

Company Business Partners

asked Jan 11 '18 at 21:44
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CMS
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Company Business Partners