CASE STUDY

€5 million settlement for termination of agency
Other

19 Irish agents of a multinational fuel distribution company achieved a settlement against the background of their entitlement to compensation as enshrined in the Commercial Agents (Council Directive) Regulations 1993 which recognises the equity which agents build up in developing their principal's business. This settled case followed the decision in the UK court of appeal in Lonsdale V. Howard & Hallam Ltd., and was supported by valuation work carried out by our Irish member.

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