DTM Early Birds - DTM Early Birds Stream Log

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DTM Early Birds is a custom discussion created by BuyBAO on 30 Jun 2014. You may be required to request membership in order to view this discussion.

For the DTM chaps.

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yep AEG news must be soon

hoping CPX and AEG can bring me some cash to pay for things

Life is supposed tog et easier I thought ! lol

its not been fun indeed

nightmare

BAO, seriously I hope it works out with the ex , tough times for you

ouch WTF

i am i allowed to say thats women for ya?

yikes

A brief summary of my situation - I have run the family business for about 20 years no having taken it over from my father, I had 2/3rds of the shares and my step mother had the other 1/3rd. We were all happy families etc and spent a great Christmas together etc. Jan 1 I get an email from her saying she wants me to buy her out, I say I cant as I don't have the funds but will consider it for the future. Suddenly I am getting lawyers letters accusing me of excluding her from the business, not updating her, calling me negligent and sueing me for a very large 6 figure sum ! THIS IS FAMILY for fox sake ! So far I have probably had to incur about £30k legal fees at least and its still going on. Lesson learnt - make sure you have a good shareholders agreement and that you stick to the agreed terms by the letter !