So it's a bit messy but my now ex partner opened a restaurant in 2019 and ran up significa t debts so closed the company in 2022. I bought out her company assets as a new Ltd. Company with her as a 50% Shareholder and myself as the other shareholder and Director. She held the Lease in her personal name which was the reason for the shareholder status. We had an oral agreement (yes I know) that it would remain in her name and we would take over financial responsibility for rent etc. We started trading on May 22. Around.august of this year she decided she wanted to open a.massage shop amd expected me.to secure a loan against the restaurant to finance it, which I refused to do asni have no desire to be in the massage business but she was free to pursue on her own. This eventually led to her deciding g to destroy me, my reputation and the business. She quit the company in August and proceeded to make false allegations about me and our relationship, when this didn't have the desired effect she decided to try selling the 'Business' without any authorisation and again this didn't have the desired.affect. in September she decided.to come in one morning and change the locks to the premises with no.warning or notice. This meant we could no longer trade and she had the shop closed for 2 months. Before opening herself and trading.illegally with no food safe registration, no HMRC registration and.paying any staff she had helping her cash in hand. All.of which was reported but nothing done. She has refused to return the company assets and equipment which belongs to the company not the lease and as a result of her actions I have been at a lose to.find a.Business.Lawyer to touch it as I have no form of income. I have tried to do thw research myself but its a nightmare. What is my best course of action? Can I sue for breach of contract as.she was.technically out Landlord? Sue for business.interuption, loss of earnings and damage to the Business reputation? I am at a loss as I cannot liquidate the company without the assets.to fund.the tax payments etc. And it meansmi still employed but have no income.
Illegally evicted from sublet business property
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As a further note there are currently around £13,400 worth of outstanding shareholder loans that she took from the business and has not repaid. As she has left the company I have no expectation she will honour these loans and this has reproductions such as a 30% corporation tax if rhey remain unpaid and also it means there is now no yesr end profits as this all happened with 2 months left of our accounting year plus her debt effectively wipesnput any profit we would have had at end of Tax year. I am indurenif this can be converted no an undeclared earnings or if it should be pursued as a debt that will never be paid.
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