contract breech we are online sellers and physical location as well
recently we started moving merchandise to online stores ebay/amazon which violated our agreement with manufacture , manufacture seeks for 80,000$ in compensation through a letter that was sent by their lawyer if i wont contact him within ten days he may take action to protect its rights overall the amount of products sold online was less then 200 units the manufacture holds about 3000$ of our money on a recent order we have placed which never came out after that we have received that letter from their lawyers
are we been sold for contract breech what are the consequences is it a civil matter or rather criminal one thing is for sure that my bank account holds 2000 and our business is closed meaning i could not pay them their demands or thinking their demand is reasonable
i would love to seek your advice
recently we started moving merchandise to online stores ebay/amazon which violated our agreement with manufacture , manufacture seeks for 80,000$ in compensation through a letter that was sent by their lawyer if i wont contact him within ten days he may take action to protect its rights overall the amount of products sold online was less then 200 units the manufacture holds about 3000$ of our money on a recent order we have placed which never came out after that we have received that letter from their lawyers
are we been sold for contract breech what are the consequences is it a civil matter or rather criminal one thing is for sure that my bank account holds 2000 and our business is closed meaning i could not pay them their demands or thinking their demand is reasonable
i would love to seek your advice