The facts: 1.There is no partnership agreement between 3 partners. 2.The partnership no longer works and I wish to leave. 3. We have all made significant but unequal monetary investments into the start and running of the business. 4. 1 partner is interested in buying the share of the others. 5. The company is an LLC. 6. The company has a business lawyer. I ve requested that as partners we meet with our business lawyer to dissolve this partnership. They have refused that option and would rather we negotiate the terms. None of us are versed in legal matters and I believe that the outcome of this would be unfair and biased. I have made no claims as to how investments and assets should be distributed, but I feel that they have already asserted their authority on those decisions. I am interested in dealing with this as impartially as possible so that we are all clear on the dissolution and the responsibilities that follow. I only want to receive what is rightfully owed to me.
A lawyer within the business is there to protect the business and its assets and gains. Dissolving the partnership may not be in the company s best interest; therefore, your fight could be mighty. I think it would be in your best interest to have your own lawyer; better shot at gaining what is righfully yours, from an unbiased source.
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The partnership s lawyer only represents the partnership, and he should have been making that clear to you. You can (and should) be represented in an independent lawyer. Definitely hire one.
YES
Yes. Most definitely. Your business lawyer may, in fact, be unbiased and fair. With all that, to avoid any later misgivings, you should find your own lawyer. I forget who said this: quot;It is not enough to be just, it should be seen to be justquot;
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