owens99·7 lat temu·discussYes it is.The business's legal structure is being closed and shut down. OP only has claim over how the assets of that legal structure are distributed.If his partner goes on to start a new business in the same niche to do the same thing, legally and ethically there's nothing he can do or claim.
owens99·7 lat temu·discussThis is not true at all.The business's legal entity is being shut down and closed. The OP only has claim over assets of that business. If he agrees to certain assets being given to the other partners, he has no claim for the future use of those assets.
owens99·7 lat temu·discussThis is a terribly unethical viewpoint.Just because your startup is worthless doesn’t mean you get a percentage of your cofounders next business. That’s ridiculous.