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Hate to say this, but you brought this upon yourself. It is obvious from what you have posted that there were/are no clear contract terms for the sale of the business to you and your wife. A small amount of money spent with a business attorney could have saved you a bunch of grief now.
And forget about the libel and slander charges. Nothing that you have posted will lead to much of anything in court.
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Kurt V
No more Porsches, but a revolving number of motorcycles.
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