The real question is what happened to the original business, its accounts and assets? Were the assets of the original business taken over by the new entity? You as a majority shareholder have a right to demand to see the books and records of the original company and the tax returns filed on its behalf. […]
The real question is what happened to the original business, its accounts and assets? Were the assets of the original business taken over by the new entity? You as a majority shareholder have a right to demand to see the books and records of the original company and the tax returns filed on its behalf.
Obviously, there is much to be determined before a legal plan of action can be suggested .
If you are living in the NYC metro area, call me at 212-370-1660 to arrange for a meeting to discuss the matter in greater detail.