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Thank you for your comments to date, and apologies for the delay in responding further. Another twist in this unfortunate saga is that my co-director has now physically assaulted me and threatened harm, so the position has gone up from acrimonious to physically abusive. The police have been...
I have now been informed that my co-director is able to resign his directorship, start a new company and go after my clients. Is there anything I am able to do?
I am owed some money (about 5k), and I am happy to follow the mediation agreement, which he also agreed to. His solicitor is engineering a situation that discredits the "bindingness" of the agreement, and is suggesting the company is brought down as a means of being released from the terms...
Who was this excellent solicitor? I fear I am in a similar position because my 50% co-director is threatening through advice from his lawyer to reject the previously agreed mediation terms and go for liquidation so that he can be released to mop up all of the clients.
I am a 50% director and shareholder of two companies, one of which is dormant. Recently my co-director and I have fallen out (gradually over several years) and now we don't communicate other than by email. We have attended mediation, drawn up heads of terms/settlement agreement and even though...