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Beer Industry Fair Dealing Act

Illinois · Business Transactions · §§ 815-720-1 to 815-720-9 · 11 sections

Overview

The Beer Industry Fair Dealing Act regulates the contractual relationship between beer suppliers and the wholesalers who distribute their products, limiting the circumstances in which a supplier may amend, modify, cancel, terminate, decline to renew, or discontinue a distribution agreement, and requiring a successor supplier to take on the terms of the agreements in effect when it succeeds to the business. It also governs a wholesaler's transfer of its business and assignment of its rights, requires suppliers to compensate wholesalers whose business value is diminished by supplier conduct with arbitration available to determine the amount, and enumerates practices prohibited to suppliers and to wholesalers. Rights and causes of action under the act generally may not be waived, and violations are enforceable through civil suits for damages and costs as well as actions for declaratory and injunctive relief.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

Sections covered

Enacted in other states

Mississippi

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