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CanLaw
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Category: Canada Law
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I own multiple companies and each is a service company. One

Customer Question

I own multiple companies and each is a service company. One of my companies signs a contract with a client, is that contract transferable to another of my companies?
Submitted: 1 year ago.
Category: Canada Law
Expert:  CanLaw replied 1 year ago.

In general the contract is only between the parties stipulated on the contract. These are referred to as the contracting parties. However, does the contract have a right to assign clause? If so, depending on the clause you can have the right to assign the contract to your other company.

Expert:  CanLaw replied 1 year ago.

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