Pre-takeover contracts_2
17 August 2012
Q: I have received an invoice for a contract that was signed by a buyer in 1997. We were taken over by a Dutch company in 1999 and there is no record of the contract. What should I do?
A: Jenny Sinclair, lawyer at business lawyers Eversheds, writes: This is a common problem, particularly when a company’s structure has changed or a business has been taken over. It highlights the importance of good housekeeping and keeping all paperwork and contracts.
On a practical note, the first thing to do is to find a copy of the contract to...