디센트 법률사무소│DECENT LAW FIRM

Case Details: Company A wished to terminate its supply contract (OEM) with Company B, which produces and supplies convenient diet foods. The contract was automatically renewed each year, and Company A requested a legal review to determine whether it could terminate the contract in the extended year and whether changing suppliers could lead to potential disputes.

Decent's Strategy: Although the company could not terminate the contract under the existing terms and legal conditions, Decent Law Firm reevaluated the possibility of contract termination by reinterpreting the contract's provisions. As a result, it was determined that the contract could be terminated by not placing the minimum order quantity and expressing the intention to terminate within a specific period.

Furthermore, upon reviewing the existing OEM contract, it was found that Company A did not have an exclusive agreement with Company B. Therefore, even if the contract was not terminated, Company A could switch factories and enter into other contracts at any time.

Outcome: Decent Law Firm conducted a thorough review at the request of Company A and provided opinions on the contractual or legal rights to terminate the contract with Company B. Additionally, a detailed review opinion was prepared to ensure that Company A could assert its rights effectively when expressing its intention to terminate the contract.

#Supply Agreement # OEM Contract # Contract Drafting # Contract Review # Contract Termination