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fourfourone Liked a reply to forum topic Moto Academy Georgia - Georgia Practice Facility
3/15/2024 8:25am
I wonder if there is more to the story on why AJ backed out above just not having the money.
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zookrider62! Liked a reply to forum topic Moto Academy Georgia - Georgia Practice Facility
3/13/2024 11:38am
i think youre missing the point Michigan Moto r Cross, LLC
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OldSchool2Stroker Added a reply to Moto Academy Georgia - Georgia Practice Facility
3/11/2024 10:46am https://www.gradyclerkofcourt.com Click "case search", select "Civil", and under name type "Busa"
Braaaphole Liked a reply to forum topic Moto Academy Georgia - Georgia Practice Facility
1/31/2024 11:56am
Good lord, it's been 6 months and you guys are still arguing semantics. Let it go, business deals fall through daily.
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OldSchool2Stroker Added a reply to Moto Academy Georgia - Georgia Practice Facility
1/31/2024 11:56am Thanks for the clarification; I knew I was oversimplifying things with what I think should happen and went out on that limb anyway. Like I said before, I just hope everyone involved makes everything right for each other.
dsc131 Liked a reply to forum topic Moto Academy Georgia - Georgia Practice Facility
1/28/2024 8:55am
That's not how this works in Business Mergers and Acquisitions.... There are not 3 parties here, just two. Entity A (perhaps an LLC) purchases something from Entity B. If Entity A defaults (does not fulfill commitments), the terms of the contract are enforced. In this case Entity A is the partnership between AJ and the other gentlemen. Ostensibly the default is due to AJ not meeting his financial commitments on the deal and the terms of the contract are that all monies are forfeited if default occurs. But both suffer the consequences. The other gentlemen loses all his money. It...
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OldSchool2Stroker Added a reply to Moto Academy Georgia - Georgia Practice Facility
1/27/2024 4:09pm Simply put, if the investor paid the owner of GPF for a portion of ownership of GPF, but the owner then retains sole ownership, should he not return the money paid to him for a portion of ownership? If my buddy and I go in halves buying a bike from you, I pay you my half of the selling price...
OldSchool2Stroker Added a reply to Moto Academy Georgia - Georgia Practice Facility
1/25/2024 7:33am There's also the context of time. The quote taken from page 6 was five months ago, while the situation was very new and likely still developing. I'm sure there are other, bigger takeaways that have been learned by all parties involved. Hopefully this whole thing gets resolved in a way that the partner's money is recouped from GPF, GPF can...