How we helped a Plc after a contract obligation breach
Categories: NewsCommercial law expert Patrick Tedstone was called into action when a UK Plc company breached its contractual obligation, leaving ORJ’s client with a £40,000 loss.
The British Plc is a world leader in aerospace and defence, manufacturing various systems and parts.
The Plc wanted to outsource part of its production and raised a £40,000 development order on ORJ’s client. To do this, the Plc had to free issue material, which it did to enable a like-for-like development of a highly critical part.
However, the Plc asked for the return of the specialist material, leaving ORJ’s client unable to deliver the prototypes.
Subsequently, the order was cancelled for failure to supply, leaving ORJ’s client with huge development costs which they sought to get re-imbursed for
Outcome
ORJ’s client, a multi-national company with a UK subsidiary, engaged vastly experienced litigator Patrick to act on its behalf.
Armed with every written communication that had taken place between the two businesses, Patrick was able to quickly and efficiently negotiate full and immediate payment, and the agreement was written and signed at the end of the meeting.