Originally posted by bless 'em all
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If you walk early - key considerations are:
- Can you take the hit of the agent keeping the unpaid (to you) invoices for an extended period while you go through the Courts to resolve it?
- Can you afford to lose the Agency and any subsidiary for finding you work in the future
Presumably you are a one man band with a easy to close Ltd company & no tangible assets
If push comes to shove take out a small claims for the outstanding amount
The Agency will respond by instructing their lawyers to counter sue for loss of earnings
As a Director of a limited company you cannot represent your company at court so the trick is to get through as many stages before this is bought to your attention thereby ensuring the Agent is running up high lawyers fees while you incur nothing.
But
At some stage you will have to engage a solicitor
At some stage you may have to engage a barrister
The Agency should baulk at going to trial for such a trifling sum and be mindful that if they are successful you would immediately shut the Company down leaving them with non recoverable costs
The Agency will probably suggest somewhere along the way to your Solicitor that you both walk away and pay your own costs
Tell them to fook off
Be aware that :
- Even if the Agent settles with your costs you will not see all of the money awarded as your Solicitor is a also a money grabbing barsteward
- It will take an extended period (years) to come to a conclusion
The young man having done it is now older and much wiser & would now see the contract to its conclusion or arrange to get sacked for "Gross Indecency" with the Secretary
HTH
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