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Contract Enforceability
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Legal > Contracts

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  • Posted: Tue, Jul 20, 2010
  • Time Left: Closed
  • Location: Anywhere
  • Client prefers freelancers from:
    Anywhere

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    The client prefers freelancers from
    a different location.

    You're still able to submit a proposal for this job, regardless of your location.
  • Start: Immediately
  • Budget: Less than $500
  • Fixed Price Job
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  • U.S. freelancers must have W9
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What I need or require:
I need to have a contract, which was signed and notarized by both parties reviewed and to let me know the likelihood of its enforceability as a function on non-performance by the Buyer. The Seller is Canadian and the Buyer is in US. The legislation under which this contract was signed falls under the legislation of the International Chamber of Commerce rules.

This is the standard type of contract which signed in the COMMODITY TRADING business (specifically sugar).
This contract was signed and notarized two months ago between the seller and the buyer of Sugar. Since its signing, the buyer has not provided any purchase orders as he was supposed to in order to follow the terms of the signed contract. The contract has a 2% penalty clause and, at this point, I'd like to know what my options and next steps are.

The steps I'd like to take are:

1) have the contract reviewed by attorney and understand its enforceability potential
2) based on this, first...

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