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Nagel v Pluczenik Diamond Co NV
[2017] EWHC 1750 (Comm)
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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