Specialized: Verdict on compensation claim | Ride MTB

Specialized: Verdict on compensation claim

According to the industry newspaper "Bike-EU", Specialized must pay the former French distributor Ets. José Alvarez over half a million euros or 660'000 dollars because the bike manufacturer "suddenly and abusively" terminated the business relationship with the long-standing distribution partner.

In addition, corrections are to be published in relevant publications, also at Specialized's expense. This is stated in the reasoning of the French court's ruling. Specialized's President Mike Sinyard did not wish to comment on the ruling, but it can be assumed that Specialized will appeal the decision.


Note: This content has been automatically translated from German. Please report any incorrect translations.