Ragtrader’s Post

Commercial law governs the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. It’s the foundation for regulating business practices and ensuring that transactions are conducted fairly and legally. If you think your commercial lawyer has overcharged you, call us today on 1800 529 462. #lawincheck #checkyourlegalfees #challengeyourlegalfees

#Wholesale is very much alive and kicking but there are issues to be considered - Principals and agents, suppliers and distributors – the issues for 2024 seminar – 30 January 2024.   Over the last 12 months the issues facing businesses which use distributors and agents have increased. Correspondingly the same is the case for distributors and agents. As such the seminar considers:   1.    Principals and agents – what is reasonable and what is not? Our guest speaker, Oliver Segal KC, will share his views. 2.    Set-off – do your supply and distribution agreements allow you to exercise a right of set off? And why it is important. 3.    Commission – what are an agent’s entitlements following recent court judgments? 4.    Giving notice of termination – how you can get it wrong when terminating your agency, distribution, or supply agreements and what you need to do to get it right. For more information and to register https://lnkd.in/e7cXJVfZ. #wholesale #suppliers #distributors #principals #agents Lucy England Millie Pierce Jessica Howard Fox Williams

For those involved in #manufacturing, #supply, #wholesale and #retail last chance to register for Principals and agents, suppliers and distributors – the issues for 2024 seminar on Tuesday 6 February 2024 covering: 1.. Principals and agents – what is reasonable and what is not? 2. Set-off – do your supply and distribution agreements allow you to exercise a right of set off? And why it is important. 3. Commission – what are an agent’s entitlements following recent court judgments? 4. Giving notice of termination – how you can get it wrong when terminating your agency, distribution, or supply agreements and what you need to do to get it right. For more information and to register   https://lnkd.in/e7cXJVfZ Lucy England Jessica Howard #OliverSegalKC Fox Williams

The "rock vs paper" case (a name we invented, but read the article and you'll see the brilliance), decided earlier this year, is an important reminder for businesses - having proper processes in place to review supplier contracts (including reviewing online T&Cs) is critical. For investors, this is also a reminder to check closely the contract terms (including T&Cs) which targets have signed up to. Take a look at the article below co-written with my colleague Tom Walsh for more details. Pinsent Masons #corporate #APAC #manda #law

Selling a business requires owners and agents to highlight the appealing aspects of the business to attract potential buyers. Emphasising the positives is important, but when information veers into misleading territory, it can lead to significant issues. James Turner - litigation partner at McVeagh Fleming (Albany office), successfully represented the purchaser of a business, involving allegations of misrepresentation, breach of contract, and a Fair Trading Act (FTA) violation against the vendor and sales agent. The verdict serves as a clear warning to sellers, underscoring the importance of the accuracy of representations in business sales, as any inaccuracies can result in both legal and financial repercussions. #mcveaghfleming #law #business #litigation https://hubs.ly/Q02mNTlX0

When entering into exclusive sale agreements with another company, it is important that your company follow antitrust laws. The Federal Trade Commission includes some guidelines regarding these contracts. When entering into exclusive sales agreements, these agreements must generally not prevent other competitors from entering or competing in the market. The FTC may look at how long the contract is valid, the sources and outlets covered in the contract, and the number of other sources and outlets that remain available to competition after the contract has been signed. If you have questions about compliance and want to protect your business interests, contact Legal Counsel, P.A. who employs a qualified exclusive sale agreement lawyer in Florida to assist you. https://lnkd.in/ev4u8iwx Have questions? We have answers. Contact Legal Counsel, P.A. today at 407-982-4321. #legalcounselpa #Orangecounty #Seminolecounty #Lakecounty #businessowners #realestate #probate #investors #corporations #contracts #litigation #trademarkservices #wholesalers #homeownerassociationlaw #foreclosures #businesssales #shortsales #Wintergarden #Orlando #attorney #lawyer #Florida #clientcredit #affirm #lawpay #legalcounselpa

Are you ready to expand your market reach through strategic partnerships? Don’t overlook the importance of a well-structured distribution consignment agreement. At Legalese, we offer expert legal advice to help you navigate the complexities of distribution agreements, ensuring your business thrives. Why are Distribution Consignment Agreements vital? ➡️ Clearly outline the terms of distribution ➡️ Protect your brand and intellectual property ➡️ Ensure compliance with industry regulations ➡️ Minimise the risk of disputes with partners Our latest blog post explores the critical role of distribution consignment agreements in business growth. Discover how to leverage these agreements to enhance your market presence and secure successful partnerships. Read more here: https://hubs.ly/Q02KzblS0 #Legalese #BusinessGrowth #DistributionAgreements #LegalAdvice #Partnerships

Yuen Law’s Dispute Resolution Practice Group, led by our Director, Amos Cai, recently secured a favorable ruling for the Singapore subsidiary of a global confectionary conglomerate in a commercial dispute with a local distributor. We successfully argued that the failure of the distributor to furnish a banker’s guarantee amounted to a material breach, entitling our client to terminate the Distribution Agreement. As a result, the Court allowed our client’s claim and dismissed the distributor’s counterclaim for wrongful termination, awarding our client 𝐒$𝟏𝟗𝟓,𝟒𝟏𝟑.𝟏𝟕. This case highlights how certain contractual obligations such as the furnishing of security have to be strictly complied with. Should such obligations not be complied with, the counterparty may have a right to terminate the commercial agreement. Read more about the case and our approach in the full article here: https://lnkd.in/g8aK2Gt4 #CommercialDisputes #DisputeResolution #LegalExpertise #ContractLaw #SingaporeLaw #YuenLaw

Protect Your Business Interests! While an exclusive supply agreement can be mutually beneficial to suppliers and businesses receiving the goods, they come with a certain degree of risk. When you choose only to work with one supplier or company, you are putting all your business on that one relationship. It is important to get this relationship right from the outset. Contact Legal Counsel PA and speak to our exclusive supply agreement lawyer in Florida who can look over this contract, help you understand your rights and responsibilities, and create an agreement that will protect your interests. https://lnkd.in/eMpBVhrv Have questions? We have answers. Contact Legal Counsel, P.A. today at 407-982-4321. #legalcounselpa #Orangecounty #Seminolecounty #Lakecounty #businessowners #realestate #probate #investors #corporations #contracts #litigation #trademarkservices #wholesalers #homeownerassociationlaw #foreclosures #businesssales #shortsales #Wintergarden #Orlando #attorney #lawyer #Florida #clientcredit #affirm #lawpay #legalcounselpa

Signs of a pushback on the Competition Office's hawkish sanctioning of vertical resale price maintenance agreements? Have a look at our commentary on the recent Supreme Administrative Court decision!