Tax Question regarding 1099's?

I recieved $86,000 from verious members of my friends family in 2007, they deposited this money in to my capitol account at the LLC we opened together. This was given to me because I came up with this idea, so I owend 15% of the shares and worked as the COO, in the books it showes I contibuted $86,000 cash ( but they are the ones who deposit this money directly to the business account), also I received compansation for managing the business, in 2008 we had a disagreemant and they have terminated me as managing member and offered me $25,000 for my 15% shares, I refused and we went on to a 1 year long law suit on April 2009 I have won the case and we settled for $ 135,000 for my 15% shares. Right after the settelment finalized ( a week after ) I have received 1099's ( for 2007) from the same family members totaling $86,000 thru their lawyers, saying that they have forgot to issue me 1099's for the $86,000 they given me. I did not work for those people nor I have ever met them except their son, am I liable for the tax?