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Dissolution of Partnership
Dissolution of Partnership and capital contribution

New MessageDissolution of Partnership (modified 0 times) Pisces Guy
Hi,
I had opened up a restaurant with a partner. We are no longer of the same view of where the business is going. My partner then decided to withdraw and is now requesting for his share of the capital invested to be returned. There is no partnership agreement in place yet, everything so far was verbal. If I refuse to pay him back, can he initiate to dissolve the partnership and have the business closed down and assets liquidated?

Thanks!

20 Apr, 2012 10:52:59


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