Continuing Operation After Firing Your Partner

The experienced Media Business attorneys at Gibson & Perkins, PC offer customized legal solutions for a variety of litigation issues, from transactional work to complex matters.

Many times as experienced Media Business Attorneys. we will get calls from clients telling us that their business partner or shareholder is not carrying their weight in the company.

• In regards to a company, if you are a majority shareholder you can reduce your partners pay, and reduce their accommodations.
• You need to document all actions of your partner not performing optimally. You will have to compare them to a normal employee.
• Your partner will still have rights to their shares of the company which will need to be paid out.

Do you wish to fire your business partner and continue operation of the company?  Contact our experienced Media Business Attorneys to assist you.

This educational video was brought to you by experienced Media Business Attorney Walter J. Timby.