Quote:
Originally Posted by Due
We paid 6 figures to our clients which I do not regret, we did not collect the same payments from our contractual partners that had the direct contract with the telecoms via interconnect agreements.
We could not collect as our contract said we would be paid when they got paid and passed on the payments. If they did not get paid there would not have to legally pay but only make an effort to collect the payment, not collect based on their best effort.
Our contract was vague, although it was about 20 pages, it's a lesson learned and mistake that will not repeat. 
Personally I think a few people got some fat bonuses to pull that stunt but can't prove it and we did spend a lot of money trying to challenge it and ultimately decided to put it to rest.
It taught us a very important lesson, I would never put a client in the same position if I had previously told them I would pay. I pay. (granted you do not engage in criminal activity) |
correct me if i am wrong, but it sounds like you did the right thing based on your beliefs and paid the clients even though you were at fault for not having a clear and concise contract?
so, what would have happened if you would have not paid your client? it sounds like you would have had a valid reason to not pay your client? your client would have understood?
if so, then why did you pay the client?