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Complex business agreements can lead to intense contract disputes

| Jul 3, 2017 | Contract Disputes |

A contract between two businesses in Florida or elsewhere is often a highly complex document that may be subject to interpretation should a dispute arise. Contract disputes are often highly contested topics, especially if one party has sustained significant financial losses in the process. A radio streaming platform has recently filed a claim against Pandora for breach of contract following allegations of failed advertisement sales goals.

The company Tuneln claims that it entered into a business arrangement with Pandora prior to the beginning of the current year. It claims that Pandora agreed to provide the company with a guaranteed quarterly revenue provided it supplied a sufficient amount of audio impressions. After a few months, it claims the other company ended the business arrangement on grounds that Tuneln had allegedly failed to meet its end of the agreement.

Tuneln asserts that Pandora also decided to forgo paying the quarterly revenue, which was allegedly a multi-million dollar guarantee. While Tuneln is the party which filed the lawsuit, both companies are apparently accusing each other of breach of contract. According to the lawsuit, Tuneln is accusing the other company of failing to comply with the agreement, and is seeking damages accordingly.

With the complexity of such documents, fully understanding the terms agreed to can be challenging, often prompting a need for assistance in the process. Those who are facing complex contract disputes might find it beneficial to retain the services of an attorney with experience in this area. An attorney in Florida can evaluate the dispute, address a client’s concerns and subsequently assist in pursuing restitution through a claim against the party deemed at fault.

Source: billboard.com, “TuneIn Sues Pandora for Breach of Contract Over Failed Ad Sales Goals, Guaranteed Payments“, Colin Stutz, June 20, 2017