After a long pursuit from the Federal Trade Commission, AT&T, the world’s largest telecommunications company has agreed to a $60 million settlement with the FTC over its fake unlimited data ‘bait and switch’ scam. The scam saw AT&T baiting subscribers with unlimited data, trapped them in multi-year contracts with punishing termination fees, and then scammed…
Commercial life is dominated by transactions: contracts with customers, suppliers, distributors, resellers, and retailers. Each of these transactions will have a legal element, and every company needs cost-effective and sensible advice on getting that legal element just right for the particular transaction. This is the same whether the contract is on standard terms and conditions or is subject to complex bespoke negotiations.
We review, draft, and negotiate contracts for all aspects of commercial activity. In doing so we are highly alert to the commercial points of the transaction and we always ensure our fees remain proportionate to the transaction’s commercial value.
Clients who come to us for commercial law advice range from multinationals to owner-managed businesses.
Commercial agreements on which we regularly advise:
- Customer terms and conditions (including on-line terms)
- Reseller agreements
- Supply agreements
- Distribution agreements
- Outsourcing arrangements
- Retail agreements
- Commercial agency agreements
- Franchise agreements
- Development agreements
- Software and other IPR licences and sub-licences
- Settlement agreements
- Non-disclosure agreements.
For further information, contact Ronnie Preiskel, Partner