My question involves business law in the state of:
Connecticut
Girlfriend/business partner has an issue with management of funds from our LLC. I had managed the finances for years. Taxes, bills, etc... The account I used to deposit checks and pay bills was a personal one not a business one.
It's a separate account set up for exactly this purpose.
No comingling of funds, only deposits from business, and profits used to pay our bills. Which was the entire purpose of the business.
She says because it's a personal account it's fraud and embezzlement.
advice?
Connecticut
Girlfriend/business partner has an issue with management of funds from our LLC. I had managed the finances for years. Taxes, bills, etc... The account I used to deposit checks and pay bills was a personal one not a business one.
It's a separate account set up for exactly this purpose.
No comingling of funds, only deposits from business, and profits used to pay our bills. Which was the entire purpose of the business.
She says because it's a personal account it's fraud and embezzlement.
advice?
Business Finance: Personal Account Instead of Business
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