SUPPORTING BUSINESSES THROUGH DIFFICULT TIMES

Businesses often enter into written or verbal contracts in relation to goods or for the supply of services. As part of that, the negotiations could include various drafts of contracts or terms passing between the parties. This can make matters complicated and leave a party confused on which terms are applicable and/or what their contractual obligations are.

The consequence of a business not understanding their contractual obligations can be severe as they may unknowingly breach the contract or fail to provide a service that they were contractually obligated to do so.

A few examples of problems which could arise are:

• One party to the contract not delivering all of the goods that they were contractually obligated to do so.
• A party failing to deliver some or all of the services they were contractually obligated to do provide.
• A party failing to pay some or all of the sums due under the contract.
• The goods delivered not being fit for purpose.

When things go wrong it is important to seek legal advice as soon as possible as a strategy to try and find a solution can be quickly established. The longer a dispute goes on, the bigger the impact it is likely to have on the business and it could also potentially cost more in legal fees to resolve.

If you are a business that is experiencing difficulties in terms of any goods ordered or with a party contracted to supply services, contact our team who can assist by considering the terms of the agreement before providing options in respect of the remedies that are available.