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Contract disputes can become contentious when selling businesses

Honoring one's word is often something that is taught to a person as a child. It is a basic tenet of all sectors of society, including the business world in California. Any business transaction is based upon parties agreeing to contractual terms. Failure to adhere to these terms can result in contentious contract disputes.

It turns out that this is the type of situation two men are now dealing with. The two men are now embroiled in a contentious business lawsuit. The dispute revolves around a failed business deal involving a Facebook page and a corresponding eBay account.

The complaint filed with the court contends that both parties had entered into a contract for the sale of the defendant's company, JWF Enterprises Inc., to the plaintiff. Part of the terms of the contract included transferring ownership of an eBay store that specialized in motorcycle parts. The contract was agreed to between both parties mid-August, according to court records.

The eBay store's corresponding Facebook page was also supposed to be transferred to the plaintiff. However, instead of following the terms of the contract, the defendant allegedly shut down the eBay store while also closing the corresponding Facebook page. The plaintiff claims this cut him off from access to over 6,000 customers.

The dispute is now set to be settled in the court of law. Just like any contract disputes in California, knowledge of applicable contract and business law will be essential for both parties in this case. The party that presents the strongest legal argument will have the best chance of prevailing in the lawsuit.

Source: madisonrecord.com, "Cahokia man claims breach of contract in business deal involving eBay account", Carol Ostrow, Aug. 26, 2015

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