Legal Question in Business Law in New York
i have an idea sines 2009 and i decide to find a company to market it so i find a company they proms to find a sponsor
i pay almost10,000 dollars . on may 2011 i search on the internet i find a similar idea on market. every time i called the company they said we did not have any sponsor yet we going to send a lest to 50 company's
in the beginning they search and tooled me there no idea like it in the world now i don't know what i am going to do i did not find any lower to take my cases
my contract well expired on September 2012 and i steal have payment every month 190.dollars
2 Answers from Attorneys
You should always proceed with an attorney on such matters to circumvent similar problems. It will cost you multiple times more to retain an attorney now and enforce your rights than having had hired one before you proceeded with your idea. Furthermore, your having paid a fee upfront is a travesty. However, you have certainly signed a contract with a company that is many times more aware of its contents than you are. It is even worse if you do not have a contract. Did you sign anything? Are you willing to spend thousands more to retain an attorney to enforce your rights?
As a Franchise Attorney I agree entirely with the other attorney answer. You don't just market an idea. You should have taken all steps to legally protect the idea before any marking takes place. You really need to consult with a good business or franchise attorney in your area for specific advice as soon as possible.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
Related Questions & Answers
-
Is there a statute of limitations on the payment of earned sales commission to the... Asked 7/13/11, 12:32 pm in United States New York Business Law
-
Should hostile takeover be outlawed? Why and why not? Asked 7/13/11, 5:37 am in United States New York Business Law
-
Hello, I am currently starting a business where I travel locally to homes and... Asked 7/08/11, 9:30 am in United States New York Business Law
-
Am I legally able to get a refund on my deposit on a small business once we have... Asked 7/07/11, 6:37 pm in United States New York Business Law