Legal Question in Business Law in Illinois
in a rental service agreement is there breach of contract if a new management company takes over and does not agree with old contract.
Asked on 5/21/10, 12:41 pm
1 Answer from Attorneys
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
Based on the limited information provided, yes. Usually a new company must assume the liabilities and responsibilitites of the old one until the contract term is over.
Answered on 5/25/10, 11:44 am
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