Pennsylvania | Business Law
Legal Question
Are contract terms transferred if a company is bought out
Good Afternoon;
We had a contract with a uniform company (hereby named: company #1). Company #1 was recently bought out by another uniform company (hereby named: company #2).
We would like to cancel our services with company #2.
Our contract with company #1 was signed 8-29-01, terms are for 24 months. The contract should be up, but company #2 automatically enrolled us for another 24 months starting 8-29-03 because we did not give 60 day written notification to cancel. We did not sign a contract with company #2. The name of company #1 does not appear on any of the billing or coorespondence for company #2.
My question is: Can company #2 automatically transfer the contract with the same terms without authorization or a signature?
Thank you,
J
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Read More Answered By: Alfred. Babb |
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