Legal Question in Business Law in Pennsylvania
consultant agreements
If I entered into a consultant agreement, and the company I am consulting for, sells to another company, am I still obligated to the NEW owner?
1 Answer from Attorneys
Re: consultant agreements
Generally, contracts, even service contracts are assignable. However, courts will not force performance of service. So the new owner would likely hold the remainder of your contract but if you were not interested you would only be liable for the contract breach. You could not be forced to consult.
On the flip side, the the new owner may be in breach to you for the remainder of you contract.
It is all about the details of the original contact.
You need to have your original contract analyzed by an attorney to parse out the subtleties.
Feel free to contact me
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