How Do I Tell if a Business Partner is Stealing?

When you have a business partnership, assets that belong to the business cannot and should not simply be taken or spent by either partner. Money and assets should remain in the business except when paid out as salary or distributions that are documented. Unfortunately, there are times when business partners fail to fulfill their fiduciary obligation to the partnership and end up taking money or property without authorization.  If you suspect your business partner is stealing, you need to take action. The theft of company assets can be a criminal act, and can also lead to civil litigation as you seek to recover funds that were misappropriated. An Irvine business law attorney should be consulted for help as soon as possible in order to determine if a theft occurred and to explore appropriate legal options to take when money or property has been taken. Brown & Charbonneau, LLP has extensive experience representing clients in all types of partnership disputes including in complex cases w


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s