Company court case

[scorecard]

On 6/27/2021 at 10:34 PM, ukrules said:

Did he give you the money in cash or bank transfer?

 

What I'm getting at is : Can he prove to a court via hard evidence that he lent you some money?

 

Further,

 

Was it strictly a loan of money?

 

Or was there a definite arrangement for the other guy to share in any profits?

 

[firemans35]

The Thai court probably will want to determine if the money sent made him a partner/investor or was it just a loan. If he was an investor/partner then I would think he is out of luck. Business's close all the time. That's part of doing business unless maybe he can prove mismanagement of the business. If this was a loan and you borrowed the money then you may have to pay him back. 

[kralledr]

As i said, the court case was today, he not came..

 

So le lost anywqy