International brand license contract: registered brand by a Chinese distributor

A Chinese distributor, operating without a contract, registered the brand of a supplier in China with an agreement, based on a verbal settlement that in case of an end to the trade relation between the parties, the brand would be returned from the distributor to the supplier or to a new distributor.
The end of the relation leads to the regulation of the “restitution” of the brand to the supplier and to the forthcoming stipulation of a brand license and a distribution contract between the Italian supplier and the new Chinese distributor without conflicts between the parties.
Countries: China, Italy
Industry: wood and furniture and Interior Design

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