Each partner wants to keep the business.

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Latest post 10-27-2009 2:59 PM by Drew. 2 replies.

  • 10-27-2009 2:18 PM

    • AlexMA
    • Not Ranked
    • Joined on 10-27-2009
    • NJ
    • Posts 1

    Each partner wants to keep the business.

    Three partners decided to split (after 1 year of fighting). Each of us wants to keep the business. What is the standard procedure? Court is not an option.

  • 10-27-2009 2:41 PM In reply to

    Re: Each partner wants to keep the business.

    Which one of you can come up with a big enough wad of cash that will convince the other two to change their minds?

    Otherwise you're stuck with each other.

     

    • The right of the people 
    • to keep and bear arms,
    • shall not be infringed.

  • 10-27-2009 2:59 PM In reply to

    Re: Each partner wants to keep the business.

    Hold an internal auction with  a big wad of cash required---winner takes it but cash goes to otheres on the spot or some other mechanism such that I cannot bid it way up and walk away free.

     

    Money talks--talk walks!

     
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