A couple of years ago, my best friend and I started a small repair business together.
The two of us were both working for a nationally-known HVAC repair company.
There was no room for advancement and both of us were fed up with the management. I had the capital to start the project and Jack agreed to leave the company to go into business with me. We never really discussed much about the business when it came to finding. Once I got my initial investment, we split things down the middle and shared all of the profits. Jack and I eventually had a falling-out and he decided to move out of town. We didn’t speak to each other for three years. I didn’t know anything about the guy or if he decided to start a repair business of his own. I didn’t know anything about Jack until I was served with a subpoena to go to court. The guy is suing me for a million bucks. He claims that I stole that business from him and made him walk away from a lifetime of profits. I completely and totally disagree, and I hate the fact that I’m going to have to get a lawyer and fight the guy in court. There is absolutely no proof that we intended to remain in business together for the rest of our lives and Jack doesn’t have anything in writing that states I would ever give him profits beyond the money that the HVAC business was making from week to week. I don’t know how the guy even has a case.