Can I sign to another record label?

Not without a negotiation to terminate the agreement or an action for declaratory judgment. Otherwise, you expose yourself to his wrath, and messy...

Yes. You would need a promissory note, and some sort of collateral agreement (UCC lien, mortgage, etc.) You would also need to charge an interest...

Contract attorney: Is there any way to nullify a signed contract because u did not know what u were doing when u signed?

Possible? Yes. Easy? No sir/maam. But if the amount is substantial, it may be worth it to fight.

Is there a law that requires distribution of profits or dividends annually or quarterly?

As my colleagues have astutely pointed out, the issue here is, more than even your partners complaining, whether the IRS imputes income to you as...

Whether he is violating an ordinance is one question, which my colleagues have answered. As to competing with you, I fear that is within the...

Is an auditor independence when he owns 8% stocks in his audit client's firm?

I would say he is 100% NOT independent. The real question is to what end is the audit being performed? Is it for compliance, where the inquiry is...

What are my rights in a business where I'm one fourth the owner.

You need to hire a lawyer. There may be corporate lockout/minority shareholder oppression issues, and pilfering of assets as well. That is not to...

We are buying a house

The first answer was best. If its a Letter of Intent or Binder, there is no full agreement yet. If it is a contract then yes, in theory they...

There is no common-law prohibition that I can think of, unless he intentionally interferes with your business or defrauded you in some way. ...

What can I do and what kind of lawyer do I need and what are my options

You need a commercial litigator. There are alot of issues here, starting with the fact that you are already a shareholder, and that no transfer...