|Wine law solicitor Andrew Park advises importers on how to legally protect themselves|
|Wednesday, 09 May 2012 11:23|
It seems odd in an era where the wine industry is increasingly competitive and professional that contractual agreements with producers are still relatively rare.
A few importers may have had their fingers burnt after a producer pulled out of an agreement. Without proper specialist legal work it is usually left to the importer to take the hit, which can sometimes be detrimental in these tough economic times.
Park says: "People come to me with a problem that's gone too far, and usually that problem was preventable."
Here are five essential points for importers to cover in the agency/distribution contract:
1) Agree terms for security of tenure
Andrew Park has been qualified since 1978 and a specialist wine law solicitor since 1995. For further advice on how you can cover yourself visit appwinelaw.com.