More legal news
02 August 2007
B&Q China is to sue one of it suppliers for defamation following a contractual dispute.
The DIY chain told SM
the accusations made by kitchen supplier Yadier in the Chinese press about the terms of its contract were "untrue and groundless".
"All commercial agreements and contracts are based on transparent and fair negotiations," the firm said. "We spend a considerable amount of time and resources to ensure we respect and adhere to the laws and regulations of China, which change frequently. Our suppliers are also provided with numerous channels and opportunities to negotiate the terms that will best meet their business objectives."
The company said it had tried to resolve the dispute with Yadier, and was taking legal action as a last resort.
"We have over 1,200 suppliers and it is normal in a business our size that suppliers change... B&Q China values and respects its relationship with suppliers in China and hopes to work closely with each of them." The action does not affect its operation in the UK.