A Memorandum of understanding was signed between Georgian Distributors' Business Association and Kordzadze Law Office!
GDBA president Iva Chkonia and Zviad Kordzaze, managing partner of Kordzaze Law Office on BMG
In today's business reality, we have a contractual relationship, when one party forces the other to agree to terms that are cabalic at the moment of concluding the contract. Any kind of dispute is reputable unprofitable for both parties involved, especially in a protracted process.
"Someone may ask why the companies sign such a contract. When a distributor enters the network, the network meets them with very specific conditions in the form of a contract. Therefore, when a network has a specific market share, the distributor In order to exist, is forced to agree to these conditions ", - Zviad Kordzadze.