Settlement Agreement for business dispute payment to personal account
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Settlement Agreement for business dispute payment to personal account
I have reached a settlement agreement arising from a dispute between two companies and the other party is requesting that I pay the settlement into a personal off-shore account of one of the directors
Previously the wording of the offer to settle included
The Sum shall be paid to Party 1 or to us as their solicitors in full
within 3 business days from the date of written acceptance of this
offer, and shall not be subject to any set-off or deduction by Party 2
We offered to pay the other partie's solicitors the amount agreed in the settlement offer as per their instructions and they have refused, instead insisting the funds be paid to the other parties directors personal bank account, As this is a dispute between two business I feel extremely uncomfortable paying an individual personal account to settle the dispute.
What rights do I have to enforce the payment method of the settlement agreement?
settlement singapore
asked 2 mins ago
Christian MarthChristian Marth
62
add a comment |
I have reached a settlement agreement arising from a dispute between two companies and the other party is requesting that I pay the settlement into a personal off-shore account of one of the directors
Previously the wording of the offer to settle included
The Sum shall be paid to Party 1 or to us as their solicitors in full
within 3 business days from the date of written acceptance of this
offer, and shall not be subject to any set-off or deduction by Party 2
We offered to pay the other partie's solicitors the amount agreed in the settlement offer as per their instructions and they have refused, instead insisting the funds be paid to the other parties directors personal bank account, As this is a dispute between two business I feel extremely uncomfortable paying an individual personal account to settle the dispute.
What rights do I have to enforce the payment method of the settlement agreement?
settlement singapore
asked 2 mins ago
Christian MarthChristian Marth
62
add a comment |
I have reached a settlement agreement arising from a dispute between two companies and the other party is requesting that I pay the settlement into a personal off-shore account of one of the directors
Previously the wording of the offer to settle included
The Sum shall be paid to Party 1 or to us as their solicitors in full
within 3 business days from the date of written acceptance of this
offer, and shall not be subject to any set-off or deduction by Party 2
We offered to pay the other partie's solicitors the amount agreed in the settlement offer as per their instructions and they have refused, instead insisting the funds be paid to the other parties directors personal bank account, As this is a dispute between two business I feel extremely uncomfortable paying an individual personal account to settle the dispute.
What rights do I have to enforce the payment method of the settlement agreement?
settlement singapore
asked 2 mins ago
Christian MarthChristian Marth
62
I have reached a settlement agreement arising from a dispute between two companies and the other party is requesting that I pay the settlement into a personal off-shore account of one of the directors
Previously the wording of the offer to settle included
The Sum shall be paid to Party 1 or to us as their solicitors in full
within 3 business days from the date of written acceptance of this
offer, and shall not be subject to any set-off or deduction by Party 2
We offered to pay the other partie's solicitors the amount agreed in the settlement offer as per their instructions and they have refused, instead insisting the funds be paid to the other parties directors personal bank account, As this is a dispute between two business I feel extremely uncomfortable paying an individual personal account to settle the dispute.
What rights do I have to enforce the payment method of the settlement agreement?
settlement singapore
settlement singapore
asked 2 mins ago
Christian MarthChristian Marth
62
asked 2 mins ago
Christian MarthChristian Marth
62
asked 2 mins ago
Christian MarthChristian Marth
62
asked 2 mins ago
Christian MarthChristian Marth
62
asked 2 mins ago
Christian MarthChristian Marth
62
62
add a comment |
add a comment |
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