Legal Question in Credit and Debt Law in Georgia
contractual liability
my company has entered into a contract with a subcontractor to perform marketing services, that had a clause that says,
it is understood that the duration of this agreement is for 6 months commencing on August 1, 2002, to be automatically renewed for an additional 6 months unless either party notifies the other in writing 30 days prior to the expiration of the agreement. We do not want to enter into another 6 months, but did not send the written correspondence on time, it was 23 days later than we should have sent, thus is ''automatically'' rewewed. We suggested we pay them for 3 months and close the contract. The subcontractor will not negotiate, they want 6 more months payments, but also have not shown hardly any work that has been done by them. What can we do?
1 Answer from Attorneys
Re: contractual liability
Depending on the value or cost associated with the contract--if it is a matter worth contesting--then you should contact an attorney. Good luck.