Does a deadbeat business partner have a claim against my domain?

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Does a deadbeat business partner have a claim against my domain?

I discussed doing an internet business with a friend. I found a domain, registered it under my name and paid for it ($1000). He later compensated me for half the cost. Since then he has proven to be impossible to work with, missing meetings, providing no input, failing to pay his business expenses, and acting erratically, making threats. I don’t wish to work with him anymore, and he claims he has right to claim the domain as his own. We have no formal written documentation regarding our working relationship. Does he have a claim?

Asked on May 27, 2009 under Business Law, Alaska

Answers:

J.M.A., Member in Good Standing of the Connecticut Bar / FreeAdvice Contributing Attorney

Answered 12 years ago | Contributor

From what you describe, it appears that you and your friend entered into a 50-50 partnership that is no longer working out.  You need to figure out a way to split up whatever profits were made, including the use of the domain.  Can he buy you out?  Do you want to buy him out?  I suggest going through an audit of all the expenses paid and unpaid and determine how to divide everything up.  You both have a 50-50 claim to the p-ship property, including the domain.  If you cannot work this out, then i suggest hiring a lawyer to try to mediate the situation.


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