Many of our client’s contracts, particularly service contracts include auto-renew provisions. Several years ago, my law firm was caught by such a provision. Not aware that there was an auto-renew provision, we had decided to terminate some book subscriptions only to be told we were notifying Thomson West too late to cancel. Reading the contract, we had no choice but to maintain the subscription for one more year and made sure we cancelled those subscriptions on a timely basis so that they would not renew automatically again.

File Type: pdf
Categories: 2023, Author, Commercial Law World, Volume 37 Issue 4
Tags: creditors'rights
Author: Wanda Borges Esq.

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