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Updated over 1 year ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Dallas, TX
44
Votes |
155
Posts

Business Partner Not Abiding By Operating Agreement

Account Closed
  • Rental Property Investor
  • Dallas, TX
Posted

Hello,

What would be my first step in attempting to get a business partner to respond to texts, calls, or emails as well as share costs associated with our business. He is in Houston and I am in Dallas. He's unresponsive, and we have monthly reoccurring expenses as well as one-off expenses that I am getting stuck with. We have an operating agreement that he is not adhering to.


Is this something I can go to arbitration with? I would like to get this taken care of, because it's incredibly taxing financially when I have to carry these business expenses myself.

Thanks,

Nick

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