In the past, commercial agents enjoyed significant statutory protection not just in respect of compensation rights for agency termination but also regarding exclusivity rights within the jurisdiction.
Although there have been a number of changes in recent years intended to balance the relationship between commercial agents and their principles, care must still be taken when negotiating the terms of these types of commercial arrangements.
Our Team’s experience in agency/franchise sector means that we are very well placed to provide high quality service for our clients with respect to:
Conducting country and sector-level due diligence.
Negotiating with respect to market standards/practice.