Wills & Trusts Law Reports | October 2016 #163A, an Australian winemaker, employed an English company called D&D as its agent and distributor in the UK. D&D bought wines from A in its own right and sold wines on A’s behalf pursuant to an agency and distribution agreement (the agreement). The agreement was terminable by either party on six months’ notice or by notice with immediate effect in a number of events including the appointment of an administrator or liquidator.
On 21 April 2012, D&D went into administration and on 10 July 2012 into creditors’ voluntary liquidation. On administration there were outstanding ...
Kayleigh Bloomfield discusses the (ir)revocability of agency agreements and constructive trusts upon insolvency ‘Matters have the potential to become more difficult when one party wants to bring the agent-principal relationship to an end and the other does not, particularly where commission is at stake. As a result, an agent may seek to argue that their …
Continue reading "Agency: Not so secret agents"
This post is only available to members.
