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Business Litigation questions and answers
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Went into business with a friend in 2022 and I just found out there have not been any tax returns submitted
Asked in Fort Wayne, IN | June 10, 2025He basically did all paperwork, and was suppose to submit all returns. I just want out and my name off of the llc but don't know where to start.
Answered by 1 attorney -
$50k business partnership dispute in NY. Business closed without notice; concerns about accounting and fund handling. What are my legal rights?
Asked in New York, NY | July 1, 2026I invested $50,000 as a business partner in a small jewelry store based in New York's Upper East Side. The business operated through both a physical retail store and online sales channels, including livestream and website sales. Over time, I was not kept informed about major business decisions. I recently learned that the physical store had been shut down and the company was closed, but I was never formally notified during this process. I have also not been provided with any financial statements, bank records, accounting reports, or a clear breakdown regarding how company funds, expenses, inventory, and remaining assets were handled.
The managing partner recently informed me the business incurred significant losses and is currently undergoing tax/accounting cleanup with a CPA. However, I have concerns regarding a lack of financial transparency, whether all business revenue (including online sales) was properly accounted for, and whether I have legal rights as a business partner to request full accounting and review how funds and assets were managed before and during the company shutdown process.
Answered by 1 attorney -
I hold property that was pledged as collateral that is tied up in a civil suit. What should I do with the property?
Asked in Fountain Hills, AZ | May 18, 2026I was given property valued at $15,000 as collateral then find out the property is part of a larger civil suit. Both parties are pressuring me to release the property to them. What should I do?
Answered by 1 attorney -
I am a 70 yrs. old woman who gave $30,000 for a business without signing any papers. Have I been scammed?
Asked in Denver, NC | February 13, 2026I was told that I would be paid monthly to repay myself and make a profit. I was supposed to be included in every aspect of the business, including meeting her bookkeeper and her lawyer. It's been 5 months, and I have not seen any money. The only proof I have is that my name was on the money order I gave to the previous owner, and I have a receipt for that.
Answered by 1 attorney -
How can I resolve a dispute with a subcontractor?
Asked in Minneapolis, MN | February 4, 2025A subcontractor we hired is not meeting the terms of our agreement and their work is substandard. They are also demanding full payment. What are my legal options to resolve this issue?
Answered by 2 attorneys -
What do I do if my business is sued?
Asked in New York, NY | November 20, 2025
Answered by 2 attorneys -
Myself and others have been scammed by a software development company. What type of lawyer would help with this?
Asked in Sugar Land, TX | December 4, 2025The company is headquartered, registered in Texas, but after being scammed, you find that mostly all of them are overseas. Everyone who has dealt with them has the same experiences: contract breach, no final delivery on the product, and no further contact from the company after spending thousands. The latest person they scammed is from 3 weeks ago, and judging by reviews, it looks like everyone has been submitting complaints to Texas Attorney General and FTC.
Answered by 1 attorney
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