Recent content by skyle

Thanks for the insight, but now the investor wants to pull out of the overall investment and get their money back. On the investor contract they signed, it states that they can pull out one year after signing that contract and just get a partial of their investment amount back, or if they cease...

$25k, and the full amount they were supposed to pay is $100k. They would get 20% equity as a working partner, otherwise it would just be around 7% as a regular investor.

The investor is someone who I have an association with. The payment plan was set in the account of their promise that they were able to pay. There was a sudden family medical emergency that came up that prevented them from being able to pay the installment. As for “keeping the money”, the...

Hi, I need some legal advice regarding a situation I have with an investor. Situation: An investor could not pay the full investment amount for the amount of equity in my private company so we set up a payment plan for them. The agreement was that they put down an initial amount and would pay...