Have an ex-business partner. Have separated with an agreement. This ex partner stole company property and money. It was in the agreement to which this person agreed to, that all business property be returned to the business. It has not.
In separation agreement also states that material cannot nor shall EVER be disclosed to other companies to manufacture that product. If this is done, party is breaking contract and can be sued for damages. If wants other companies to manufacture thier product, cannot be the original, has to be changed by no less than 30%.
ex partner bought another company, doing the same type of manufacturing as us. employeed us to manufacture thier product as they still want the original materials. Expartner now has decided to discontinue their business with us but still has possession of our companies information.
The answer to your question depends largely on the terms of the agreement you entered into with your ex-business partner. Hopefully there is some language in the agreement that says, if either party breaches this agreement then ______. I recommend contacting an attorney to have the attorney review the agreement to give you more specific answers. Also, an attorney may be able to send a letter to put the ex-partner on notice that his/her conduct is/could be seen as a breach of the agreement and that if he/she continues, you will take the matter to litigation for damages.
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