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United Kingdom commercial agents regulationscommission

Nagel v Pluczenik Diamond Co NV

[2017] EWHC 1750 (Comm)
JurisdictionUnited Kingdom
CourtHigh Court of Justice, Queen's Bench Division (Commercial Court)
Year2017
StatusPersuasive authority

Key Principle

The exclusion of agents operating on a commodity exchange or in a commodity market from the Commercial Agents (Council Directive) Regulations 1993 applies to a diamond broker operating within an organised commodity market, so such an agent is not entitled to the Regulations' compensation/indemnity rights, but may still recover unpaid commission under the parties' contract.

Area of Law

General

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