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Old 12-06-2003, 10:33 AM  
jennycards
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Join Date: Feb 2002
Location: European Union
Posts: 1,124
Quote:
Originally posted by directfiesta


Before loosing good money after " bad money", get an accountant or investigator to see:
- if he has money or assets seizable ( his corp as it seems you did business with a corp)
- if not does he have personnal assets or assets of the said corp transfered to him/relative. You then have to break the corporate veil.

I am no lawyer but had my share of experiences with them.If "your ex partner" is broke, move on and dont loose money, energy and focus on it. Next time, you will get a good lawyer to cover your ass before the fact.

Actually the corporation is still doing business ... so it's not broke. I have a minority stake in the corporation while my "partner" and president is unwilling to send me any information (P&L, balance sheets, ...) about the ongoing business. I also expect the company not making any profits because he is spending everything for "his matters".

Well ... probably you are right and I would better forget about the matter and move on.
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