Contracts - New Business Owner

If a new business owner claims that their purchase agreement supersedes that and chooses to ignore the contract, then the publishers can continue to run the ad for 90 days and after 90 days of non payment they can cancel the ad and we can assign the debt to them. They can then pursue the new business owner for the funds. As long as there is a trail of repeated attempts to communicate with the new business owner and show they were aware of the previous agreement there is a strong case that they will have to pay. Of course, different states may have different protections around business assignments, but overall, our agreement clearly shows that the contract stays in place if the business is sold. As long as we have made the new business owner aware then they can't claim ignorance.

Per the terms and conditions of our contract, the first section outlines that any successors of ours or the clients must still abide by the terms of the original contract:

Acceptance. By signing below, and by advertising with Lifestyle Publications, LLC, its successors and assigns (City Lifestyle), Advertiser, its successors and assigns and including its buying agencies or services (Advertiser) agrees without limitation or qualification, to be bound by, and to comply with these Terms and Conditions.