Dissolvment of business partnership....seek some legal advice and help.?

Dissolvement letter submitted few months ago and partners agreed. Co. did make profit. Agreed to give partners everything on condition I be paid back the equity that put-in. Had verbally agreed to the amount and payment plan, but the x-partners added with additional clause that says..I will not compete with the co. for 12months period. Not agreed to the clause so the x-partners refused to pay. ??Wondering is there such industrial clause/law that I cannot be in the same business after dissolving the partnership? What should I do to get some money back. Can I go to the small court or is there other mean? Can I get my money back?Dissolvment of business partnership....seek some legal advice and help.?
The non-compete clause can only be effective if you agree to it.





The only way to get your money back when your partners and you have a disagreement that effectively renders the partnership ineffective is a lawsuit in a Court of competent jurisdiction to dissolve the partnership. This will not be a ';small claims'; matter. You likely will need a good business lawyer who might further seek injunctive relief to prevent your partners from continuing in business under the old partnership name or partnership dba.





I hope there is much money involved because this is not going to be cheap. Having a better partnership agreement in the beginning that anticipated a potential partnership break-up and provided a non-judicial solution would have been more cost effective. Attorney fees saved on the short side are too often exceeded on the long side.Dissolvment of business partnership....seek some legal advice and help.?
Partnerships only work if one of the partners is dead, they are always messy