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Posted on 1 August 2012 by Conybeare Solicitors

Contract Negotiations – Key Issues

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A recent Court of Appeal decision illustrates the dangers for businesses of relying on conversations and unsigned draft agreements.

The case underlines the importance of ensuring that key contractual provisions are always documented, especially those as fundamental as a termination right.

You should always take legal advice if you are negotiating a large or unusual contract, but this checklist highlights the key issues to consider when negotiating contracts on behalf of your business.