My business partner wants out of the llc, but with unrealistic
demands.  Asked about 4 years ago - Norfolk, VA  Small service
oriented business with about $30k annual revenue. Due to
conflict, my partner wants out and is requesting half the bank
account, but also has an attorney valuing the company at an
unrealistic, exaggerated amount. The company isn't worth this
amount, and I am not willing to pay this for his shares. He also
won't buy my shares to let me out, but I can't continue working
with him.  He hasn't been involved in the operation of the
company for about 8 months due to this conflict. For this
reason, I am thinking about simply stopping the operations, and
starting a new, similar business with a different name.  Is this
an acceptable plan? I can't continue growing this business for
him, but I am out of ideas. Any guidance and suggestions will be
greatly appreciated.   Attorney answers (2)    1. Hugh Scott
Johnson      Contributor Level 7      Answered . The first and
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