500 Questions - Business Law
Auteur : Louis Vogel
Sommaire de l’ouvrage
Part 1: Economic law
Title 1: Companies
Title 2: Industrial property
Title 3: Commercial leases
Title 4: Business contracts
Chapter 2: Recovery claims
Chapter 3: Court-approved transfer plan
Title 6: White collar crime
474. What happens to a non-ongoing contract?
1 minute de lecture
A contract which is not continued is automatically terminated if the non-continuation results from the administrator's or liquidator's failure to respond to a formal notice to exercise the option for continuation, or terminated at the express request of these bodies if certain conditions are met.
Termination occurs automatically after a formal notice to decide on the continuation of the contract, …
