T
Tony Bells
Guest
What is the name of your state? new york,
question? can someone give me the definition of trade restraint and restraint of trade as it pertains to small business operations.
summary:
an attorney illegally obtained a judgement against a company and that company lost the use of its corporate funds and operations for 34 days, the court ultimately dismissed the judgement saying it was illegally filed. the business needed to borrow thousands of dollars to pay creditors in the meantime, the business incurred thousands of dollars in bank fees and penaltys for stop payments of business checks to creditors, business subsequently payed creditors with personal checks on time. current business operations were delayed in completion of a contract and extended the contract completion period by 4 months. business suffered loss of thousands of dollars in new income as a result.
I would appreciate any information or thoughts.
question? can someone give me the definition of trade restraint and restraint of trade as it pertains to small business operations.
summary:
an attorney illegally obtained a judgement against a company and that company lost the use of its corporate funds and operations for 34 days, the court ultimately dismissed the judgement saying it was illegally filed. the business needed to borrow thousands of dollars to pay creditors in the meantime, the business incurred thousands of dollars in bank fees and penaltys for stop payments of business checks to creditors, business subsequently payed creditors with personal checks on time. current business operations were delayed in completion of a contract and extended the contract completion period by 4 months. business suffered loss of thousands of dollars in new income as a result.
I would appreciate any information or thoughts.