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Memorandum with Kordzadze Law Office
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.