Legal Question in Business Law in Florida

I’m the CEO of a new small business. In Dec ‘23, we signed an agreement with a company to partner in a model where they’d handle operations and funding for projects. After signing proposals potentially worth $1-2M, communication from them worsened, jeopardizing deals. We attempted to address this through various means (requesting updates, proposing to take over operations), but the issues persisted. They’ve recently gone silent, putting at risk not only current deals but future opportunities. With 25 proposals pending and 50 projects in early stages, I’m concerned about our reputation and the impact on our business. Could their failure to fulfill obligations and communicate be grounds for a negligence and loss of profit lawsuit?


Asked on 4/10/24, 8:46 am

1 Answer from Attorneys
Frank Natoli Natoli-Legal, LLC

Maybe? Any and all written agreements will need to be reviewed in light of all the circumstances.

If you would like to discuss further over a free phone consult, feel free to contact me anytime that is convenient.

You can review our outstanding client reviews here: https://www.avvo.com/attorneys/10007-ny-frank-natoli-1791330.html#reviews.

And our firm is now referred by the American Bar Association (see under the New York section):

http://www.americanbar.org/groups/delivery_legal_services/resources/programs_to_help_those_with_moderate_income.html.

Kind regards,

Frank

Natoli-Legal, LLC

www.LanternLegal.com

866-871-8655

[email protected]

DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.

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Answered on 4/10/24, 8:54 am


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