Obtained decisive arbitral award for damages including punitive damages along with an award for substantial indemnity costs against managing general agency for having wrongfully terminated its agreement with one of its business partners in bad faith and otherwise having engaged in deceptive misconduct.

Issues:

• Interpretation of agreement between Managing General Agency and “franchisee/partner”
• Issues of perpetual contract and applicability of reasonable notice of termination issues
• Determination of whether agreement was terminated in bad faith and implications of same
• Relevant considerations for calculation of damages
• Punitive damages