In this article, Saima Zainab, Graduate Legal Assistant in our Commercial Property team, explores prescriptive rights and explains what property owners need to know.
Was the contract specifically negotiated between the insolvent company and this supplier?
This question is asking for a detailed written contract, prepared by a lawyer (or perhaps a contracts department of a large organisation). It may be an agency agreement, or a supply agreement, or a distributorship. Somewhere on it – probably the last page – there will be a couple of dotted lines with signatures. Does the supplier have one of those?
