We advised the company in negotiating a settlement agreement. The paper industry company had a business relationship with a commercial agent operating outside of Spain, but they did not have a written contract regulating this relationship. The company unilaterally decided to terminate this relationship without considering the economic consequences of this decision.
A good agreement provides a secure solution.
The main challenge we faced was the lack of a written contract regulating the relationship between the company and the commercial agent, as well as the jurisdictional issues in a foreign country.
After analyzing the situation and considering the laws of each of the parties involved, we opted for a negotiated solution. We negotiated a settlement agreement that avoided a lengthy legal proceeding abroad and the associated costs.