Legal Question in Business Law in New York

Re: Contract Dispute

Unless the contract relates to the subject of the indictment, so that you could claim fraud was involved, an unrelated situation does not automatically or litigatably negate the contract, unless they are unable to perform.

Re: Contract Dispute

It very much depends on the contract. You probably can not get out of it, but it may be worth your while to consult with a lawyer. The contract may have certain representations and warranties that suggest the counter-party is in compliance with all laws or has paid its taxes. There may be fraud involved. If the counterparty is in jail and unable to perform as a result, this may also give you grounds to avoid the contract. This is very fact specific.

If you require legal advice, please do not hesitate to call me at (212) 695-6400.

Best of luck.

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WARNING: This information is not intended to constitute legal advice and should not be relied upon for any purpose in lieu of consultation with appropriate legal counsel in your own jurisdiction.

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Re: Contract Dispute

Depends if the indictment is germane to the subject matter of the contract, and whether you could have idscovered this fact prior to your agreeing to it with reasonable due diligence.

Should you like to discuss this or any other legal matter, you can call my office to schedule an appointment for a consultation or in the alternative, I can be reached for on-phone low-cost legal consultation at 1-800-275-5336 x0233699