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Home Q&A Forum If a new company takes over my wedding venue is my original contract still valid at all?

Contracts

Venue Rental Agreement

Wisconsin

Asked on May 6, 2024

If a new company takes over my wedding venue is my original contract still valid at all?

I originally signed a contract months ago for my wedding venue. The venue was free as long as a $5,000 catering minimum was hit. Now a new company took over the venue and they are charging $3000 to use the venue not including catering and regardless of any food and beverage minimum. Needless to say this is about $3000 more than I was anticipating to spend. Is this legal?

1 Attorney answer

Answer

Contracts

Wisconsin

Answered 14 days ago

Robert A.

ContractsCounsel verified

Business Lawyer
Licensed in Wisconsin
Free Consultation

I know people hate this answer from attorneys, but it depends on the wording of the contract and the specific facts of the situation. Most contracts will have a clause governing assignment of the contract to a third party. That clause will determine if the terms of the original contract are assignable to the new company operating the venue. If the contract is not assignable, or if the original operator decided not to assign the contract to the new operator, then you will have a new agreement with the new operator. Most contracts will also have a clause governing how the terms of the contract can be changed. If you would like a review of your situation and your contract, you can request a proposal for a review session. I generally do those at a flat fee, based on the length of the contract. I'm sure other attorneys would offer similar rates.

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