Timely Advice on Exiting a Distribution Agreement
Recent ruling clarifies criteria for reasonable notice when exiting a distribution agreementThe High Court decision of Jackson Distribution Ltd v Tum Yeto Inc has given some useful guidance on factors to consider when looking at exiting a distribution agreement says Shaw Stapely, Associate at Thomas Eggar LLP. In particular, it has had a significant impact in clarifying what constitutes a reasonable period of notice when terminating otherwise than for breach. This is likely to be an issue where there is no formal written agreement or the contract itself is silent on the issue (which means a