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Just because there was no formal written contract signed by all parties does not mean there was no contract.
by elliekelly 5y ago
Just because there was no formal written contract signed by all parties does not mean there was no contract.
- rurban 5y agoTrue. But Zake didn't fulfill his contractual obligations, so the contract is void. You already warned him, so he is out.
- Chyzwar 5y agoBut Zake, can still create expensive and time-consuming lawsuit depends on jurisdiction. He can also create PR/Reputation problems that could be hard to mitigate. The right approach would be a combination of law in your country and your knowledge of Zake character. I would recommend consulting with a startup lawyer and maybe try to find a win-win situation for both of you where he can exit with face, and you can afford it.