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Home Q&A Forum My wife & I thought we had a contract from her employer to buy A dental practice after working for them for three years. We now were forced to sign a contract with the people that bought him out to continue working for them so they can get 10x EBITA when they sell shortly. Do we have a case for lost wages?
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Employment

Employment Agreement

Iowa

Asked on Feb 17, 2022

My wife & I thought we had a contract from her employer to buy A dental practice after working for them for three years. We now were forced to sign a contract with the people that bought him out to continue working for them so they can get 10x EBITA when they sell shortly. Do we have a case for lost wages?

We moved from 30 miles away because we were told if we worked for 3 years we could buy it for $525,000. They now want $2.5M.

1 Attorney answer

Answer

Employment

Iowa

Answered 790 days ago

Melissa L.

ContractsCounsel verified

Business Lawyer
Licensed in Iowa
Free Consultation

The first question is do you have a fully executed written contract? This is the first step to determine the terms and conditions such as your wages if there is a breach of contract, the dentist being able to assign the contract and if it can be modified.

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