Apni Law Staff asked 2 years ago
My brother-in-law had a business agreement with his partner to dissolve their partnership. They agreed on payments over 18 months for his share of the business. He received post-dated checks but the partner took the original signed agreement and disappeared. Now, the partner is refusing to cooperate. We haven’t officially signed the dissolution papers, just the initial agreement. What can we do to get him to negotiate a fair settlement?
Best Answer
Apni Law Staff answered 2 years ago
The absence of a formal dissolution agreement signed by both parties weakens your brother-in-law’s legal position. He can try to negotiate a settlement, but a court case is likely. Evidence of the initial agreement and post-dated checks can be presented to the court to establish the partner’s obligations. Legal counsel is advised to navigate the complexities of the situation and ensure the best outcome for your brother-in-law.
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