Companies should be aware that certain risks are attached to an insufficient notice period when terminating a business relationship.
This summary schedule highlights the risks attached to an insufficient notice period in the event that a business relationship is terminated. These recent case precedents show that, to date, the longest notice period accepted by the courts is two years and that the gross margin, on which the compensation amount is based, can be calculated using an average dating back to the last five years prior to termination. The rulings also confirm that the length of a relationship is calculated in the broadest sense.
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