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Thread: Advertising Company gone into Administration

  1. #1
    Dynamic Entertainment's Avatar
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    Default Advertising Company gone into Administration

    Right guys

    A publishing company which i have a contract with (CMYK Group, or SOS Industries) for a hotels wedding brochure has gone into administration and i still owe them money. Im assuming that i just keep paying them as normal until the payments are finished.

    Before anyone says about CMYKs selling practises, or conning tactics, i signed on the line being fully aware of what i was buting and went into it with my eyes firmly open...although i know others (not necessarily on here) who havent
    http://www.dynamic-entertainment.co.uk

    Tel:0800 990 3030

    The opinions here are those of an individual and not necessarily those of Dynamic Entertainment.

  2. #2
    Sapphire Disco's Avatar
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    Default

    If you owe the money directly to them the administrators may ask for it all immediately.

  3. #3
    Dynamic Entertainment's Avatar
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    I dont see how they can when the contract clearly states that after the initial payment its in monthy chunks....
    http://www.dynamic-entertainment.co.uk

    Tel:0800 990 3030

    The opinions here are those of an individual and not necessarily those of Dynamic Entertainment.

  4. #4

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    Quote Originally Posted by Dynamic Entertainment View Post
    I dont see how they can when the contract clearly states that after the initial payment its in monthy chunks....
    It's probably got a clause (like most credit agreements) that they can demand payment in full at any time. Have they actually fulfilled their obligations under the terms of the contract?

    Julian

  5. #5
    Dynamic Entertainment's Avatar
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    Ill find out. Ill contact the hotel and find out if they have their new brochures in yet.
    http://www.dynamic-entertainment.co.uk

    Tel:0800 990 3030

    The opinions here are those of an individual and not necessarily those of Dynamic Entertainment.

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