Agreement Termination

Dec 07, 2016

OUTCOME: Negotiated Buyout

Client was party to a long term distribution agreement with minimum purchase requirement. Business was stagnant and client was unable to meet its obligations. Client had borrowed money and invested s ... avings in business and was on the verge of bankruptcy. After reviewing the client's agreement, contacting its competitors, and leveraging business contacts, I found that the vendor was in breach of the agreement due to actions from years before the distribution agreement was entered into. I negotiated a buy-out for my client that helped them recoup all of their investment and avoid bankruptcy.