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To: Elroy Jetson who wrote (53301)7/12/2006 2:31:55 PM
From: Think4Yourself  Read Replies (2) | Respond to of 116555
 
Have been thinking about your post and, given Lennar's actions, your theory makes perfect sense. Lennar thinks Veemac tried to defraud them.

The question becomes, can Lennar legally do what they offered? Even if they are right, can they not honor their side of the contract? I have studied enough contract law to know that one party's failure to fulfill their obligations does not give the other party the right to abrogate their responsibilities under the contract. All that second party (Lennar) can usually do is sue the first party (Veemac) to fulfill their side of the contract, or go to court for violation remedies. Lennar appears to have done neither. They had better have very solid evidence to back up their actions as those actions may be driving Veemac into bankruptcy.

Veemac has a legal responsibility to pay their employees regardless of what Lennar does unless the employees have agreed otherwise. The Veemac employees sue Veemac, not Lennar, and they had better do it soon! Doubt Veemac will exist much longer.