Own a bakery with 4 partners and one of the partners was gonna operate business. Well he stole from us and made alot of withdrawls to himself while no one else got paid. Well since then he walked out of the business and not heard from since. So ...
What contracts you may be personally liable for, to what extent, and what recourse you may have against your missing partner will vary based upon the specifics of your vendor agreements and the agreements that may have been in place among the partners.
I would recommend that you consult with an attorney immediately to explore your potential options.See question