I ran an S corporation for someone for 7 years. I was told if I ran it for them for 5 years that they would give me the business. I have pai...

Question

I ran an S corporation for someone for 7 years. I was told if I ran it for them for 5 years that they would give me the business. I have paid the taxes on the business for two years. I was then locked out and he now has the 5 year deal with someone else. Is there anything l can do?

Answer

Based upon the few facts you provided, ut sounds like you might have a case for unjust enrichment, or for enforcement of the written agreement to Transfer the business in exchange for five years of service. You weren't able to provide enough facts to evaluate your case. Therefore, you need to consult directly with a civil practice attorney in your area.

Good luck