Big Bear Power
To: Big Wig, CFO, Big Bear Power
From: James Albert
Date: March 24th, 2016
Subject: The Bear Minimum
Statement of Relevant Facts:
Big Bear Power and Goliath Company entered into a contract in which Big Bear leased a combustion turbine.
* The contract was signed on December 15th, 2004, but did not begin until January 1st, 2005.
* The contract lasts for 10 years and is non-cancelable
* Big Bear pays $500,000 in legal counsel fees, and are required to pay $1,000,000
Words: 877 - Pages: 4