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When distributors fail.

The article reports on corporate insolvency with publishing distributors contracts by citing Plymbridge Distributors of Great Britain as an example. Distribution agreements with publisher Lippincott, Williams & Wilkins and liquidators are discussed. Courts found that the explicit trust clause in the...

Full description

Published in:Bookseller no. 5265; pp. 28 - 30
Main Author: Hawkey, John
Format: Article
Published: Bookseller Media Ltd 1/26/2007
Subjects:
Plymbridge Distributors Ltd.
Publishing
Lippincott Williams & Wilkins Inc.
Contracts
Bankruptcy
Marketing channels
Liquidation
United Kingdom
Online Access:View this record in EBSCOhost
Summary:The article reports on corporate insolvency with publishing distributors contracts by citing Plymbridge Distributors of Great Britain as an example. Distribution agreements with publisher Lippincott, Williams & Wilkins and liquidators are discussed. Courts found that the explicit trust clause in the agreement conferred proprietary rights or trust status to those publishers with such agreements. The article provides a contract checklist and advice on managing distributors.