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Contracts and corps not doing season?


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Might as well start new thread as this affects more than one corps. Wondering what happens if a corps signs deals with manufacturers (unis, equipment, transportation,etc) and corps drops out for the season. Are contracts usually written to handle the possibility? Or is it a giant legal crap show?

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Contracts don't usually have a "corps shuts down" clause.  There are deposit dates, termination without cause terms, and deadlines to meet. 

For almost every vendor these days, you'd lose your deposit, but it depends on the contract if you'd lose any payments past that. 

Mike

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