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Wait a minute, they pushed you into an annual contract? And now that they aren't going to perform their end of the contract?

This is fascinating. That smells like actual fraud on their part.

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I’m sure all of this will be played out in spectacular fashion in the courts of British Columbia in the coming months. Directors in BC are liable for unpaid wages to employees. No doubt they pulled the rug just in time to ensure people got their statutory severance. But beyond that, anyone hoping for more will have to get in a long line behind secured creditors. Man this sucks.

In a situation like this, someone with a contract not receiving consideration mere days after signing can probably just not pay. It would be very difficult for a company in the midst of shutting down to fight anyway.

Very likely paid in advance

It would indeed be foolish to pay an invoice to a company that has very publicly declared insolvency. Many if not most contracts I have ever signed contain a provision voiding the obligations of the parties if either party is insolvent.

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