W NAGEL (A FIRM) v PLUCZENIK DIAMOND CO NV

[2017] 2 Lloyd's Rep. 215

QUEEN'S BENCH DIVISION(COMMERCIAL COURT)

Before Mr Justice Popplewell

Agency – Termination by principal – Whether principal entitled to terminate agency agreement – Measure of damages for breach of agency agreement – Commercial Agents (Council Directive) Regulations 1993 (SI 1993 No 3053), Regulation 2 – Whether agent had continuing authority to negotiate – Meaning of commodity market and commodity exchange