Problem: Wrongful and immediate termination of a referral agreement with our client to stop legacy commission payments of £360,000 for a 1-year term
Outcome: Settled for 100% of the claim value; our client will receive commission payments totalling circa £360,000 for legacy clients referred to the opponent company for 12 months
How long did it take? Less than 3 weeks from instruction.
Our corporate client, a digital marketing company, entered into a referral agreement with a well known and major payment gateway and merchant services provider to refer prize draw and competition businesses that needed payment gateways.
Our client would receive a commission from the company for businesses it would refer to the payment gateway.
However, without any notice or authorisation, the opponent sought to unilaterally terminate the agreement with our client without any cause and sought to stop payment any future commission payments immediately.
The opponent was prevented from doing so under the referral agreement without prior notice and without providing our client with 12 months commission payments for legacy clients that they had referred to the opponent in the years prior to termination.
Our expert lawyers prepared a detailed and carefully articulated letter before claim which is a precursor to litigation to the opponent’s legal department. If our client’s position was disputed, we had been instructed to commence litigation without further notice.
Less than 3 weeks after our instruction, we were able to obtain a favourable and successful result for our client recovering 100% of the claim value.
Our client was happy with the outcome which was achieved in a very short period.
If you have a payment dispute or if a company has unilaterally terminated a contract with you, please get in touch with us. We are here to help you!
We can often be instructed on a fixed fee basis or no win no fee.
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