A Georgia software developer says he was promised 30% of profits from a joint venture in 2018; after the relationship broke down, an October 29 appeals ruling found no enforceable partnership and rejected his claims
- Representative Image (AI-generated)A business arrangement built around the promise of a share in future software profits ended in a legal dispute after a Georgia technology company terminated its relationship with a software developer.
- The developer claimed he had been promised 30% of the profits from products created by a joint venture, along with an opportunity to operate the venture using his intellectual property.
- However, the business owner maintained that the proposed partnership was never formally established and that the developer had already been paid a salary for his work.
Unverified
- Representative Image (AI-generated)A business arrangement built around the promise of a share in future software profits ended in a legal dispute after a Georgia technology company terminated its relationship with a software developer.
- The developer claimed he had been promised 30% of the profits from products created by a joint venture, along with an opportunity to operate the venture using his intellectual property.
- However, the business owner maintained that the proposed partnership was never formally established and that the developer had already been paid a salary for his work.
Sources: Times of India