Big, old and in retail – a recipe for confusion
HMV store closing down as a result of entry into administration in 2013 (Credit: iStock.com/Dynosoar)
Older, established retail brands in the UK have been suffering in recent years and could now face further negative effects from Brexit. Against this backdrop, Claire Williams, an associate at Debevoise & Plimpton, looks at how retention of title clauses in retailers’ contracts with suppliers can complicate matters, particularly in the absence of cross-border harmonisation for these legal instruments.
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