Legal Question in Intellectual Property in Georgia

Escrow Agreement Executed or Not Executed?
Question - If escrow account was set up in 1992 however, client never submitted any deposit material is the agreement still binding? Note a deposit account number was never assigned, and annual fees were never paid dating back to 1992, my thoughts are then the agreement was never executed.

Asked on 3/12/07, 9:32 am

Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

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Re: Escrow Agreement Executed or Not Executed?

It depends on the terms of the agreement. Have a local attorney review the agreement and then he/she will be able to advise you.

If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

Answered on 3/12/07, 9:37 am

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