Post a new topic
    1 Reply Latest reply on Feb 19, 2015 6:29 PM by Moderator Cath

    Buying out business partner

    manny Wayfarer

      Hi everyone


      I am 50% part owner of a small corporation and we're in sort of a tricky situation right now

      Business has gone down recently and our facility that we've been renting for years has been sold to a land developer that doesn't want to renew our lease

      my business partner has pretty much given up and suggested that we should sell our assets and terminate the company

      I a trying to find a way to possibly buy hi out and keep running the company at a different facility

      Does anyone have any ideas about ways to go?

      From my understanding it takes all owners agreement to terminate the company right?

      Can my business partner terminate his stocks in the company without it affecting my part?

      All ideas and inputs will be helpful!


      Emanuel Alberyd