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    We did sign a USA, which includes clauses...

    Depending on the separation documents you may have a case. Most have a confidentiality clause or non defamatory clause. Find a more reasonable lawyer. A simple cease and desist letter may do the...
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    Talked to the lawyer. Said it would be quite hard...

    Talked to the lawyer. Said it would be quite hard to sue over what I heard, unless we can specifically prove that I've been hurt financially as a result and the people who he said these things to...
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    Thanks all. I have a meeting with my lawyer...

    Thanks all. I have a meeting with my lawyer tomorrow, who's going to provide advice as to how we should proceed at no cost. I don't feel like investing any time, energy or money in to this, so we'll...
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    I have legal council. Problem is, it seems as...

    I have legal council. Problem is, it seems as though every time I talk to them I'm billed $300, hence trying to complete independent research prior to picking up the phone.

    Thanks for the advice....
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    Gounds for a Lawsuit?

    It's come to my attention that one of my ex business partners (whom I recently severed business relations with by exiting the company) is being quite vocal about my departure with several of my...
  6. Thank you and I agree fully. I still think that...

    Predicting whether someone will sue is guesswork. If you are not going after their customers, as you said, then my guess is that they would not sue unless they think you also stole the software. If...
  7. Thank you for the reply. Considering their...

    Thank you for the reply. Considering their solution was based entirely off of another (almost verbatim), I don't know if they'd risk a lawsuit that may expose them as well. That being said, knowing...
  8. Important Question Need Answered - Incorporating a New Business after Exiting Another

    I exited a business around four months ago due to partner problems and would like to now start my own operation in a similar field. The previous company was in a field that involved a software...
  9. Valid points. I was hoping that we could have had...

    Valid points. I was hoping that we could have had this dealt with much sooner, however the partners decided to action their 90 day FMV calculation clause in our shareholders agreement. Seeing as they...
  10. Business Valuation - Severed Business Relationship

    I was in business with 3 other people (all equal partners). My departure was anything but amicable and we're now trying to figure out the value of my 25% of the shares in the company. We could not...
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    As mentioned, the only applicable clause left in...

    As mentioned, the only applicable clause left in the USA pertains to confidentiality of private information, including trade secrets, know how, processes, etc.
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    Wondering if anyone has insight as to the extent...

    Wondering if anyone has insight as to the extent of a legal suit in this situation? I am seriously considering starting this new business, with a similar service, however would like to know what the...
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    Yes, good point. I thought over concealing my...

    First, a disclaimer: I'm not a Canadian lawyer and, in any event, can't give legal advice on a summary without seeing the legal document and asking a lot of questions.

    With that out of the way, it...
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    Shareholder Agreement Legal Question

    Hello All,

    I'm in a fairly unique scenario. 11 months ago I went in to business with 2 of my friends and an acquaintance in a field that we were all very well versed in. One of the Partners had...
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