We have ran a business for 10 years and since a disagreement last year and other issues the co-Director has resigned after I refused his buyout fee and then he refused to attend board meeting to discuss options I had to keep the business moving forward. Resignation was with immediate effect and all shares were relinquished back to myself. The day before he resigned he set up a new company and then 2 weeks down the line has poached the 2 biggest clients we had and this in turn will make my company (his old company ) insolvent because unless I get any new business within the next few months I am unable to run the company on the small .wage I'll be getting. We have been to see a solicitor who has said he has breached his duties ..but I keep reading conflicting stories stating that he can go off and do this . We did not have any agreement in place just the standard articles.