I'm not sure this is the right forum for this question, but it seemed like the best place, given that my question is about a contract for a business arrangement.
I recently signed a contract to publish a novel with a publishing company, but two days later, for reasons beyond my control, decided that I should not publish my book after all. I immediately contacted the publisher letting them know of my change in circumstances, and they informed me that the 3-day cooling off period does not apply. Is this true? I live in Pennsylvania, but the contract is governed by the laws of Maryland.
Then, when I explained that my decision was due to circumstances beyond my control, they told me that of course in such circumstances, arrangements could be made, but I would have to pay a $299 contract termination fee, to recompense them for time/effort/monies already expended on my behalf. This is a crock! I haven't even sent them a finalized manuscript yet, so they haven't spent any more time on me than it takes to send a few automated emails. Do I have any grounds for contesting this fee, or would I just be wasting my breath and possibly giving them some kind of ammunition for litigation against me?
Any advice is appreciated.What is the name of your state (only U.S. law)?
I recently signed a contract to publish a novel with a publishing company, but two days later, for reasons beyond my control, decided that I should not publish my book after all. I immediately contacted the publisher letting them know of my change in circumstances, and they informed me that the 3-day cooling off period does not apply. Is this true? I live in Pennsylvania, but the contract is governed by the laws of Maryland.
Then, when I explained that my decision was due to circumstances beyond my control, they told me that of course in such circumstances, arrangements could be made, but I would have to pay a $299 contract termination fee, to recompense them for time/effort/monies already expended on my behalf. This is a crock! I haven't even sent them a finalized manuscript yet, so they haven't spent any more time on me than it takes to send a few automated emails. Do I have any grounds for contesting this fee, or would I just be wasting my breath and possibly giving them some kind of ammunition for litigation against me?
Any advice is appreciated.What is the name of your state (only U.S. law)?