The co owner of the business has changed the locks on the door has not gave me a key. I showed him a copy of a canceled check he had wrote and a few days later he closes that account and puts the account in just his name. He is trying to get me to leave the business with lies and threats. He has hired an attorney I am sure with business money and knows I have no way to fight him.. what can I do.?
My recommendation would be to hire a local attorney experienced in business law and civil litigation. Whether the co-owner is permitted to do what he did will depend upon the terms of the operating agreement or bylaws of the company and/or the laws of the state in which the business entity was organized/incorporated. That being said, and assuming that what he has done is improper, you should be able to seek civil and/or equitable recourse against that person.
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