Hello my name is Alex and I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply as this is not an ‘on demand’ live service, but rest assured I will be giving your question my immediate attention upon return. There is no need to wait here, you will get an email when I reply.
Did he pay you the business? Did you have a contract for sale at all?
Not exactly my wife gave up her half share of our company in exchange for the same part time admin work for me but they failed to pay her and sacked her. I was given a one third share of the merged company but they didn't pay me correctly for three months despite working 70 hours per week and I had to leave and start again but still owned equal shares
Was anything in writing about the sale?
Yes agreements about shares and who would be paid what but none were adhered to
You can sue in that case for breach of contract based on what was put in that contract if it was not honoured.
You need to write and set out your losses and request a payment within 14 days or say you will go to Court within 14 days. You should make sure you send this recorded delivery and keep a copy.
If they do not paid you then you can issue proceedings in the County Court. You can either do this online at: www.moneyclaim.gov.uk or by completing form N1 http://hmctsformfinder.justice.gov.uk/courtfinder/forms/n001-eng.pdf and take it to your local County Court.
The Court will then issue a claim which a copy will be sent to the Defendant who will have a limited time to defend it, if not you can enter Judgment and enforce.
If the matter is defended it will be set down for a trial. If the claim is for £10,000 or less it will be a small claim and you will not need representation. If as I suspect the value is above £10,000 then you would need legal representation for the trial. You would have to pay for this and if you won then you could claim costs from the other side.
Can I clarify anything for you about this today please?