Legal Question in Consumer Law in Wisconsin
Contract law: signatories, parties and corporations
I need some caselaw to refer to (preferably from, or at least fully applicable to, the State of Wisconsin) concerning the signatories to a contract being considered “parties” to the contract, even though the contract is technically between two Corporations. I need to show that the signatories are bound by the requirements of the contract, and, more specifically, bound by the requirement of the contract for the signatories to participate in arbitration if there is a dispute, whether the signatory is the agent for the Corporation they work for or a principal of that Corporation. Thanks!
1 Answer from Attorneys
Re: Contract law: signatories, parties and corporations
Under general contract and corporate law, signatories are NOT personally liable under their corporate contracts unless they sign personal guaranties. If you require further legal research and an opinion, you will want to hire an attorney with corporate legal experience.