My Business Partner Will Not Give Me Financial Information on My Company
The experienced Media Business Lawyers at Gibson & Perkins, PC offer customized legal solutions for a variety of litigation issues, from transactional work to complex matters.
Many times as experienced Media Business Lawyers, we are asked what can be done if your business partner is not giving you any financial information on your company.
- With a company, based on your status, if you are not receiving financial information you will need to request the obligation of your directors to give that information under threat of court.
- If you have a partnership, under state law you are required to provide your partner with transaction reports.
- With a limited liability corporation there is no set rules to show that finances need to be shown, however they are required to account for their individual profits.
Do you own a business in Pennsylvania or Delaware and not receiving financial information from your partner or director? Contact our Media Business Lawyers for assistance.