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Hello. I am Ed, a Solicitor qualified in England & Wales with over a decade’s experience in the legal profession advising clients.
I specialise in Commercial Contracts, Business Transactions, Employment, Dispute Resolution, Personal Injury and Road Traffic Law and will be able to resolve your legal problem today.
If the Introducer's Agreement was signed by you under the umbrella of your limited company which you are about to close, the other party will not be able to sue a defunct company as it will be an insolvent entity.
Furthermore, the amount of £1000 is probably not worth them pursuing as it is a small claim and they will not be able to recover legal costs.
If you have served notice terminating the agreement, I would let the matter lie until you have dissolved your limited company and then they will not be able to pursue you.
I hope this resolves your enquiry. Please revert to me if you have any further questions and I will be delighted to assist.
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If the limited company is still active, it can be sued by the Introducer for fees due under the contract.
Yes, you should serve notice terminating the agreement. This will reduce the risk of you being sued. I don't need to see the agreement. It is clear that they do not want to work with you any longer.