My company is involved in a legal dispute with another company. They brought a suit against us which we believe is false and are defending.
The other company has now sent a letter to us stating that if we give them $500,000 for their company they will drop their law suit.
They also included in the letter the following:
"The defendants should be aware that the plaintiff is in possession of documents indicating the defendants have breach a court order and if the offer to buy is not accepted then the plaintiff will likely bring an application in this regard."
I feel that this is blackmail as the lawyer who sent the letter is attempting to gain money from us by threatening to accuse me of an indictable offence in an attempt to get me to succumb to their demands.
I have been told that Lawyers are exempt from blackmail charges and can make such threats under their rights given to them to write letter of demand.
I am at a loss and would appreciate some clarification or guidance on the matter.
Kind Regards.
The other company has now sent a letter to us stating that if we give them $500,000 for their company they will drop their law suit.
They also included in the letter the following:
"The defendants should be aware that the plaintiff is in possession of documents indicating the defendants have breach a court order and if the offer to buy is not accepted then the plaintiff will likely bring an application in this regard."
I feel that this is blackmail as the lawyer who sent the letter is attempting to gain money from us by threatening to accuse me of an indictable offence in an attempt to get me to succumb to their demands.
I have been told that Lawyers are exempt from blackmail charges and can make such threats under their rights given to them to write letter of demand.
I am at a loss and would appreciate some clarification or guidance on the matter.
Kind Regards.