We acted the world's largest primary refiner of lead in a dispute with a French company following termination of a representation agreement entered into by the parties over 20 years ago.
The purpose of the agreement was to provide our client with a local representative who would look after customer enquiries and report back on any issues. Falling sales in Europe meant that those services were no longer required and so our client gave notice of termination.
The French company argued that it was a commercial agent and entitled to 2 years compensation by virtue of the Commercial Agents Regulations. It instructed a London firm to pursue its claim against our client.
After considerable correspondence and negotiation the matter was settled on the basis that our client would pay the equivalent of one years notice less notice which it argued had already been served. This resulted in a payment of 40% of the sum initially claimed.