Trapped with gf, could lose everything

[stupididiotbastard]

Trapped w/ gf who’s listed as co founder on our company

I stupidly listed my gf as a co founder on our shared company years ago. Trying to separate while maintaining the company (extremely profitable) would mean that I would lose a proportion of wealth that I’m not prepared to do.

I have fallen out of love with her after almost a decade together. I’ve met someone else and I want to leave her but I can’t. The current compromise is that we will be in an open relationship. I’ve fallen in love with someone else who is not comfortable with the open relationship.

I honestly don’t know what to do. Is there any way I can separate without her nuking my life and finances? Anyone have any experience with separating from a co director?

Is it your wealth or both of yours wealth?

You’re not trying to pull a fast one, are you?

You don’t sound like you’ve got much integrity shagging someone else behind her back.

Suspect not, right!

Yes, you're correct, although it wasnt amicable for a long time, but we made it work

Lmfao

Maybe use some of that "success" money to get a good lawyer and accountant instead of asking random internet women to help you screw another woman over 😅😅😅😅

It's hard for me to imagine that there's a huge amount of tangible wealth here if you've gone to Mumsnet before a solicitor or an accountant.

Lol. I'm so glad she's going to get her money.

Wouldn’t losing some money be worth it for your “freedom”?

You won't "lose everything".
You'll have to buy her out if she's a co-founder.
You should get legal advice.
You've not said anything else about the circumstances of your relationship such as whether you have children, if you have joint property etc, or what she's done to support you in building up the company or whether she's worked for the company etc.
I think you want to try to screw her over. You can't have your cake and eat it. If you want to leave her to be with someone else you will have to work out how to do this fairly so that she isn't left with nothing after being with you for 10 years. When you screw around there are consequences to that.

It's not a proportion of your wealth though is it. It's hers.

Presumably there were advantages to you to add her as co-founder back then. Now you pay the price.

What a tangled web you have spun.

You think OP hasn't checked out the articles to see if he can get out of paying anything.
This is a person who is in love with someone but won't finish with their current partner because it's going to cost them, even though their new partner wants them to finish the current relationship.
If there was a way of screwing over their business partner they would have found it.

Get legal advice. A ‘co-founder’ has no legal status, where as a shareholder, director etc does. Gather all relevant paperwork and get a solicitor to review and advise.

That said, I can’t abide cheaters, so I’m hoping that your partner walks away, taking you to the cleaners and your side piece comes to her senses and leaves you on your arse!

You were foolish.

Maybe. But about 18 months ago the business went bust due to a much much larger one taking over the areas covered by ours. It slowly lost more and more clients and ended up in massive debt. Meanwhile my hands were clean and my money safe. So whilst initially it did amazing. 10 odd years later it failed massively. I have no idea if it would have affected me in any way and i didn’t lose any sleep. I didn’t want the hassle. And even though my daughter won’t now benefit from said business she does and did benefit from the money I got back.

So.... post and run?

Morning, everyone. It looks like the OP here has left and so won't be returning to answer any further questions. We're going to close the thread to new posts now so people aren't posting and waiting for answers.