Thomson Snell & Passmore provide guidance on the Commercial Agency Regulations to a UK subsidiary

Our client is a specialist alloys supplier based outside of Europe, with a UK subsidiary. Our client wished to formalise the relationship between the subsidiary and a sales agent in another part of Europe.

We advised our client of the Commercial Agent Regulations and the attendant obligations imposed on the parties to these types of agreements. Following analysis of our client’s commercial position, we were able to advise on the best approach to take in the preparation of the agreement and completed in a timely and cost effective manner for the client’s representative (who was on a pre-planned trip to Europe and wanted to complete the agreement at that time