Contract Killers – Episode 3 – Signing the contract

In the context of dealing with limited companies, and looking at simple contracts (i.e. not those executed as deeds) we will show the steps which you can take to ensure that the correct parties to the contract are set out in the document and that the person signing has authority to sign.  After all, it could be a disaster if you had spent all that time negotiating the terms of a contract to find out at a later stage that those carefully negotiated terms were not worth the paper they were written on.

As the reader may remember, Sarah is the chief executive of Pallister Hall Limited and she had recently been negotiating terms with the catering company, Fair Catering, for the provision of catering services at Pallister Hall. Following, some tricky negotiations with Barry, the CEO of Fair Catering, Sarah finalised the terms of the contract and the contract was ready for signature.

Sarah handed the contract to Lisa, the in-house lawyer at Pallister Hall and asked her to have a quick flick through.  “Unfortunately”, said Sarah, “the terms are what they are and there’s no further room there for negotiation. Can you just make sure that everything else is okay?”

Continue to read the episode by clicking here.

© Bircham Dyson Bell, Solicitors. For more information please contact PaulVoller@bdb-law.co.uk quoting reference “UKBA”

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