How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Ash Your Own Question
Ash
Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
75100385
Type Your Law Question Here...
Ash is online now

I started a limited company with a friend, which is an online

Customer Question

I started a limited company with a friend, which is an online service. My friend has not input any work into this venture, which can be measured through a project management application to which he has not added anything, and he lied to me about something unrelated to the business, which has lead to question his value to the business. I want to tell him now that I am going on my own.
What are the legal implications involved? Can he sue me in any way?
Submitted: 1 year ago.
Category: Law
Expert:  Ash replied 1 year ago.
Hello my name is ***** ***** I will help you.
Do you have any form of Director/Shareholder agreement please?
Ash and other Law Specialists are ready to help you
Customer: replied 1 year ago.
Yes. We do have a director/shareholder agreement. Which I don't think I've seen, but cannot fully remember. But I know one exists for sure.
Customer: replied 1 year ago.
Not sure how this works. I just sent my mobile number and paid £36, does that mean I get to speak to someone?
Customer: replied 1 year ago.
Hi Alex, are you there?
Expert:  Ash replied 1 year ago.
Do you have a number we can speak on?
Alex
Customer: replied 1 year ago.
***********
Expert:  Ash replied 1 year ago.
ok.
Alex
Customer: replied 1 year ago.
Legend. Thank you.
Expert:  Ash replied 1 year ago.
Happy to help
Alex