by connie.yoshida, Window Shopper
- Created: October 20, 2011, 8:16 pm
- Updated: September 7, 2012, 4:49 pm
I am a business owner in California with a problem: my co-owner/ex-husband. The original restaurants were started in Japan by my father, whom generously allowed us to franchise it to the US even though my husband was not qualified to start one. I am the president of the company while he is the VP. We each have half of the shares of the business. I do the accounting for the business; he orders things and delivers them to the restaurant.Now fast forward 20+ years, he leaves me and our four children for an employee. He petitions for a divorce, all we have to do left is separate the properties (aka sell them). Yet he constantly demands money even though our paychecks are the same, except I have four other mouths to feed. When I refuse, he then takes the cash from the business which now happens daily. I have tried many measures to stop him, to no avail.Two years later, the dilemma continues, except worse. I am trying to buy his share but he plays dirty. He told my daughter that he has potential buyers but I would be the first person he wants to sell it to, yet he refuses to meet with me or our corporate attorney (who had no idea my ex-husband had any intent of selling his shares). Recently, I found out that he is opening another restaurant with the same name without my approval even though I am the president of the company and an equal share holder. Our corporate attorney knows nothing of this.Is there any way that I can get rid of him or punish him legally?
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