Areas of Law / Small Business Legal Advice

My husband took over his father’s ailing business, and a few years later his brother put some money in with a view to his son taking over one day. But the firm dwindled and the son wasn’t interested in joining. My husband is now retired, but his brother’s widow is trying to claim the money back from the business. Is she entitled to anything?

You don’t say what happened to the business when your husband retired. If it was sold, or if it closed down and the assets were sold off, the brother or his wife may have been entitled to a share of the proceeds. However it’s not clear whether the brother inherited the firm together with your husband, or what was agreed at the time. You need to discuss this in more detail with a solicitor.

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