Ex is threatening to fold business

[giantnannyknickers]

Hi there I need some advice, I'm self representing in a family settlement matter. My ex and I ran a business together; he is director, we are both 50% share holders. He purchased two properties in Ireland using a 'loan' from the business and my share of the profits.

We are currently in the process of getting the business valued so we can sort out a financial settlement.

Today I got an email stating "We are getting the valuation done for nothing because as I told you I’m not going to buy you out"

I don't know what my options are, I'm scared he will fold the business and our employees will lose their jobs. I'm scared I won't get any financial settlement. He submitted substandard documents for the valuer. He has tampered with the layout of the website so that it's not as easy to navigate. He has not declared any cash sales which I knew would be the case anyways.

His girlfriend has also started referring to it as "our" business so I'm scared she will seek a legal claim in it too. Although they haven't been going out two years yet.

Just wondering if anyone else has had the same experience? And how they managed it. I'm
Not sleeping at night and I'm very stressed.

Well done GN, to settle at mediaton. It is good when things are over and you can just move on to other tihngs. It is one reason we did it all in 7 months even without a mediaton just negotiated and even if I paid more than I should at least that in a sense bought me what 2 years of litigation would have cost in terms of my time and energy never mind money. I would rather my husband had spare money than having to pay mediation fees, barrister, solicitor fees over a 2 year period. Not everyone is however able to reach an agreement with a spouse so have to battle on.

Good luck in the next chapter. if the girlfiend is storing money in her account but has to suffer your ex husband then she may have the worse deal.

@Xenia there was no negotiating with him! He's the one who left me for a 22 year old french student while I was pregnant yet he hates/hated me. Could not talk sense into the guy. You are so lucky you guys were able to do that.

He gets to keep the two houses and the business and pay me out. So he must have money hidden somewhere the asshole anyways onto the next chalet we

*chapter

Although I wouldn't say no to a chalet

@Xenia @greenberet spoke too soon! His lawyers still want their pound of flesh. And are now bringing the matter to trail. I'm
Here crying uncontrollably.

Oh ffs @giantnannyknickers I don’t know what to say other than I feel for you - I want to give you a big hug and say it will all be ok - but right now I’m struggling with this concept myself - but I can still give you a huge hug - what more is he after - this is a stupid question I know - you said he keeps 2 houses and business - what else is there to fight over - or is it just to fight - oh I get it - to reduce payout to you - what did you agree - can you settle for less and avoid court - just get out - my MH is destroyed - I’ve got this cold cough thing that I’ve had since Friday - physically I feel knackered - I can’t do this anymore and I’m 2 years since FH - this shite never ends! IM fighting for my fair settlement but I’m going to say to you fuck the money it’s just not worth it - set yourself free from this shite and be happy xx

@greenberet oh agreed! I settled for less money just to avoid court. Issue is he wants me to sign up to a 5 year Parenting plan for two
Kids under two. I said no worries, I'll agree to one year now and let's work out the rest Of the hours in 6
Months once we've returned to Ireland, have jobs etc and no our routine a bit better. Thought it was practical and prudent. Was super polite and optimistic.
They've now said I've reneged on the mediation document ( I haven't) so it's trial on Tuesday. And he's blocked our move home to Ireland again.

Ex was singing coming to collect the kids at pick up and drop off today. Delighted with himself. He just wants to fight. Fight, fight, fight.

Have you had a chance to speak to someone yet? I've been seeing my psychologist and she's been a dream to me. I'd be lost without her.