Lousiana Successor Provisions Become Law

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Signed by the Governor, Senate Bill 255 provides that a successor (defined as a person who replaces a supplier, importer, broker, or wholesaler with regard to the right to manufacture, sell, distribute, broker, or import a brand or brands of beer or light wine) shall become obligated to all the terms and conditions of the agreement in effect on the date of succession and has the right to contractually require its wholesalers to comply with standards of performance, if standards are uniformly established and enforced for all of the successor’s similarly situated wholesalers.