Sorry to be a while coming back - I am sorry if it is unclear, I possibly include too much detail but the situation is a bit complex (it is to me anyway)! In mentioning the parent company, I refer to the company run by my father and my eldest brother, that company financed the company I started and so it has always been referred to as the 'parent company' and because of the fact they were there to provide premises and income etc etc whilst we were getting the other business going, some have argued that they should have a good proportion of the goodwill if the newer company was sold...
The ideal situation here is for me to stay with the business as not only am I responsible for the sales, but none of the other partners have the same sort of passion for it that I do. I think they would all acknowledge this, but they also see the business that I have built as a good source of income for themselves. However, they would prefer to run it how they want not how I have run it for the last ten years and this has caused such significant problems, that they resorted to what I effectively consider blackmail to keep me away from the premises/buisness.
I am not sure if I am making sense, but I am basically incredibly frustrated that anybody can put this kind of pressure and obligation on another person - most people I know, whom I have confidence in and understand the personnel involved, either cannot take in what I am telling them or consider that I should simply ditch the future with the company and look for work elsewhere. However, I cannot do this as I have put so much into the last ten years in building the business that I would never be able to live it down and so I am faced with either playing along with everything the other partners ask (frankly impossible), or taking a hand myself by physically blocking anybody from entering the premises, or if on managing to enter the building, find it empty as I would have emptied it of everything required to run the business - you may wonder what you are reading, but by doing this, I am effectively doing what they are doing to me - just instead of only me losing - everyone loses. It seems a shame to have to go down this route but they have blocked me from the business for 6 months and are planning to either stop or significantly reduce my salary by the end of June this year, they don't show any sign of changing their attitude and I have frankly had enough, I just thought I would try and ask for some legal advice to see if there was anything I could do to put any end to the current stand off as I have been led to understand that what they are doing is not actually legal as I am an equal partner with equal rights to the business and to access it as they do.
Is the situation any clearer to you now?!? I really don't think I have the energy to start up all over again, splitting the money from the sale of the firm in the way you have confirmed would mean that my Dad who has done nothing apart from lend us the means to start up (which has been repaid with interest), would get twice as much as I would get as he has a £200,000 capital share, I understand there may not be anything I can do about this, but it will split up our family for life.
Apparently in the absence of a partnership agreement, any single partner can dissolve the partnership at any time, but no partner can be voted out of the partnership by a majority - this is in the Partnership Act 1890 as I understand it, but in the event of partners not adhering to the act - what can be done and how could you go about enforcing it?
I look forward to hearing from you - I am out all of tomorrow but will be back tomorrow evening.