Your company is fed up with the service (or lack of it) from one of its major suppliers. You’ve now lined up another supplier who seems to fit the bill. Can you simply walk away from the existing
contract?
Published 16.07.2008
Your company is often confronted by other businesses that don’t pay on time or do what they’ve agreed to. As a director it’s your responsibility to ensure your company doesn’t lose out. When can you
walk away from the contract?
Published 13.09.2006
You know that most contracts don’t have to be in writing to be legal. But does anyone ever sue over broken verbal agreements? Is it safe to make non-written deals, knowing that you can back out later
without a problem?
Published 12.10.2005
Your company is owed money by a customer who seems “reluctant” to pay. You’re the director responsible for sorting things out - so can you simply walk away from the contract?
Published 23.05.2007
Your company has a contract with a supplier but they’re not keeping to the terms. You’re not saying anything now as there’s a clause that allows you to end the agreement for this reason at a later
date. But for how long can you rely on it?
Published 23.04.2009
The directors recently served notice to terminate a contract due to the supplier’s poor performance. It’s now claiming that this goes against your duty to act in good faith and is, therefore,
“invalid”. Where do you stand?
Published 01.10.2013
Your company recently entered into a contract, but due to cash flow problems it now wants out. The other party has said there’s no “cooling off period” but will end the contract on payment of
“liquidated damages”. What does this mean?
Published 14.01.2009
Your company has an ongoing contract with another business yet, despite promises to the contrary, it hasn’t paid up. The directors now want to walk away from the deal, but just how should they go
about terminating it?
Published 07.12.2010
Six months ago you were persuaded to sign up with a company that told you they’d put your name in their directory guaranteeing you loads of new business. You’ve had no leads at all. What can you do?
Published 28.03.2007
A subscriber contacted us after attempting to cancel a contract. They were told to put this in writing but later received a bill for another year. When they queried this, the other party said the
notice to cancel arrived too late. Who’s right?
Published 09.04.2008