I have a business in California and we are being sued by a Canadian company.
The short version is, we signed a contract with them and they did not hold-up their end of the bargain so we stopped paying them- this is an indisputable fact. We don't know Canadian law and really are not so worried about winning/losing.
What we want to know is if we end up getting screwed by screwed by some Canadian contract law that we have no knowledge of and lose the case, will our business's credit rating be effected over here?
We found out that in Canada they don't have LLCs so we are considered an entity (like a corporation im guessing?) can this place go after the owners personally?
I know many people here are probably not experts in Canadian law but we are a US company, has anyone ever dealt with a situation like this?
Like i said winning or losing the case is not my issue here so much as the credit rating if we lose.
The short version is, we signed a contract with them and they did not hold-up their end of the bargain so we stopped paying them- this is an indisputable fact. We don't know Canadian law and really are not so worried about winning/losing.
What we want to know is if we end up getting screwed by screwed by some Canadian contract law that we have no knowledge of and lose the case, will our business's credit rating be effected over here?
We found out that in Canada they don't have LLCs so we are considered an entity (like a corporation im guessing?) can this place go after the owners personally?
I know many people here are probably not experts in Canadian law but we are a US company, has anyone ever dealt with a situation like this?
Like i said winning or losing the case is not my issue here so much as the credit rating if we lose.