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Old 11-26-2012, 11:15 PM   #14
J Diddy J Diddy is offline
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Join Date: Aug 2001
Location: The Pitt State baby
Casino cash: $13427
Quote:
Originally Posted by Saul Good View Post
If there's a lease with the partner's name on it, that is a liability to her. Her share of the balance of the lease should be subtracted from her share of the hard assets.
I agree. My suggestion was a painless way to get ownership of the business name without a payoff. All they would have to do is fulfill the lease obligations, which they would do anyway. If they are planning on retaining location and name a simple gesture such as that may open the negotiating table up.
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