There may be a multitude of scenarios in which the sudden end of a business relationship could have a detrimental impact on the future of company. A similar scenario could increase the risks a company in Florida might suffer substantial financial loss or significant damage to its reputation. A software company has reportedly filed a lawsuit accusing a county in another state of breach of contract after claiming the sudden termination of its contract led to concerns over a possible theft of trade secrets.
According to reports, software company Medir Government solutions says it had initially entered a contract to provide data storage services to the county in 2015. Medir asserts that the county’s board of supervisors recently decided to terminate the contract and switch to another service provider named DuProcess. Medir claims that the county ended the arrangement for unjust reasons and states that it failed to notify the company of the decision.
Medir also asserts that by hiring another company prior to providing notification, the county allowed the other party to gain access into sensitive company information. However, the county denies any wrongdoing and states that it did not allow DuProcess access to such proprietary information. According to reports, the county says it decided to switch providers after the company continually failed to meet its contractual obligations.
The sudden end of a business relationship can impact each party involved in various ways. Those who feel that a breach of contract has occurred or feel they have been wrongfully accused of unlawfully terminating a business arrangement could benefit from consulting with an experienced attorney early on for much-needed insight into all their available options. An attorney can help a client in Florida better understand what to expect from the subsequent process and assist in forming a strategy to protect the future of his or her company.