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Intel

Case Summary: Supreme Court (Commercial Circuit) Contestation 291/2010 (Validity of Compensation Waivers and Non-Renewal Notices in Commercial Agencies)

The Supreme Court held that a commercial agent's right to be compensated for the money it spent executing the agency, under article 8 of the Commercial Agencies Law, is established for the private benefit of the agent and does not relate to public order, so it may be validly waived by agreement. The court also held that a clear clause in a signed renewal agreement fixing a final, non-renewable term satisfies the three-month non-renewal notice requirement under article 15 of the Commercial Agencies Law.


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