Successful settlement of a dispute over termination of a regional license and distribution agreement of products of a well known sportswear brand

Arias, Fábrega & Fábrega served as regional coordinator for legal teams and local counsel for the licensor, in connection with the settlement of a dispute over the termination of a Regional License and Distribution Agreement of products of a well known sportswear brand, spanning over five countries of the CAAC region. 

The dispute over termination of a Regional License and Distribution Agreement governed by foreign law, was executed with a Panamanian entity managing business operations and distribution activities from Panama to the CAAC Region.  As a consequence, the licensor had to deal with various jurisdictions of the CAAC Region, where public policy provisions on mandatory indemnification due to non-renovation of distribution agreements exist.