QUESTION
Unnotarized business contract to run business
Asked on Dec 30th, 2015 on Business Litigation - Pennsylvania
More details to this question:
A friend of mine worked for a man at a Deli, he offered the business to him to run and take over. A contract was prepared for him to take over the business making payments to him to buy it, and it was signed by them both. This has been a slow month and they have been asking the guy for a while now to change the Tax ID information with a store where they get their deliveries to keep the business running. The guy they signed the contract refuses to do that for him, when they went to open the business Today it was pad locked. He's asking me for help because I helped him review the contract before he signed it. I'm not in the area to reread the contract. Is there anything they can do to make him provide this information?
1 ANSWER
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Why can't your friend open a new account with the vendor and resume deliveries? What's the connection between the vendor and the store being padlocked? Sounds like the business owner owed some money that he didn't tell you about and the problems have come to a head. Your friend needs to get a qualified business attorney involved right away to determine his rights and possible remedies.
Answered on Jan 04th, 2016 at 1:43 PM