If I fire her, she will sue the company. I would like to fire us both, so we can both sue the company and owe each other the same amount of money. Will it work?
Currently going through a divorce as a majority shareholder.
Trying to get rid of my business parter who’s also my ex-wife. She is an employee that draws a hefty salary because we set it up originally for income sharing. She now has another full time job and just dabbles here and again in our business. Every HR lawyer says she can’t be fired without a huge settlement and she’ll still be a partner in the business.
I’m the 55% shareholder and she’s 45%. We’re based in Ontario and fall under Canadian legislation. So advice pertaining to Canadian laws?