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Recent content by Veetee
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Penalty Clause in Contract - What to do?
I've recieved a very short term training contract (<GBP 2000) which has a penalty clause stating that if ''you do not fulfil your obligations by starting on the agreed date you will be liable for a penalty of the greater of £6000 or 3 months projected profit ''. However, they have...- Veetee
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- Replies: 26
- Forum: Business / Contracts
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Signed Contract - Project cancelled after startdate, any rights?
Well i reached out all the people i could once i smelled the stink - sadly, the end client was travelling for a couple of weeks and the bosses within agency stuck to the same response. Furthemore, it wasn't just the saying , we had a signed contract in place here...nevertheless, doesnt help now.- Veetee
- Post #28
- Forum: Business / Contracts
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Signed Contract - Project cancelled after startdate, any rights?
Just wanted to ensure, before i invoiced, that there is a clause in my contract which reads: The Company(Agency) may terminate this Agreement by written notice with immediate effect if: the corresponding agreement between the Company and the Client fails to commence for whatever reason...- Veetee
- Post #26
- Forum: Business / Contracts
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Signed Contract - Project cancelled after startdate, any rights?
So what would be the correct legal procedure of demanding it - Sending an invoice -> Following it up with 'Notice Before Legal Action' and then handing it over to a debt collection agency and finally a suit. Or is there a way to show the intent of this route in the first step itself while...- Veetee
- Post #22
- Forum: Business / Contracts
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Signed Contract - Project cancelled after startdate, any rights?
Thanks Guys, Appreciate your feedback and know that we as contractors always live in a world of risk, however my contract didn't have a clause of mutuality of work - I wasn't aware this would be necesssary avoiding IR35, but could that be a blessing in disguise? Would it be worth asking the...- Veetee
- Post #5
- Forum: Business / Contracts
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Signed Contract - Project cancelled after startdate, any rights?
Hi Guys I had a signed contract from the agency with the start date in February....Just a day before start, the agent phoned me to inform that the project was delayed by a week, and then every week it was the same story....I called the end client directly now and understood the project was...- Veetee
- Thread
- Replies: 27
- Forum: Business / Contracts
