Question
I have been in an agreement with 1 other business partner who has basically screwed me over. After months of developing a product he's decided to take over and push me out. I didn't like the way he handled it and I said that if he wanted to pursue this route that I would look at exiting.
My first question is, until I formally state they have exit can he use this comment as saying that I want to exit?
I signed a contract that stated that the intellectual property belongs to the company that he created.
To put quite simply, he has pushed me out and I am left with lost time and effort. What can I do?
Answer
It depends on what your contract says and what you want to do. Ultimately you need to decide what you want and then we can work backwards from that. But no just having the conversation does not automatically oust you.
