Court confirms price-after-sale arrangements
Court confirms price-after-sale arrangements
A California court has ruled that a price-after-sale arrangement is a legitimate way to do business in the fruit and vegetables industry and is different than a consignment sale, which, according to California law, has much more burdensome accounting requirements. The case, which has been winding though the courts for more than a half- dozen years, involved a California pomegranate grower, his local marketer and terminal market wholesalers around the country. Lew Janowsky, a partner in the Newport Beach, CA-based law firm Rynn & Janowsky, represented the terminal market operators and called