Depends on the amount. It really depends what US STATE the man was in whether it does or not. For instance, anything 1k or up must be in writing in Georgia.
What you can do and what you should do are different things. If he's not keeping up his end of the contract, then sue him in the country the company is registered in. Don't give him time or the benefit of jurisdiction in any legal action. If you just don't like the guy, he likely still owns part of the business.
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All agreements we had were via chat and voice and not in legal sheet.
Chat/email/voice are more than sufficient to establish a contract in the US legal system. Read the introductory "elements of a contract" section from here: http://www.expertlaw.com/library/business/contract_law.html
Depends on the amount. It really depends what US STATE the man was in whether it does or not. For instance, anything 1k or up must be in writing in Georgia.
What you can do and what you should do are different things. If he's not keeping up his end of the contract, then sue him in the country the company is registered in. Don't give him time or the benefit of jurisdiction in any legal action. If you just don't like the guy, he likely still owns part of the business.
> For instance, anything 1k or up must be in writing in Georgia.
IANAL, but chat or email probably count as "in writing."
Email? Possibly. Chat? Dunno, but not very confident it would be held up. IANAL either.
It's in california