Consolidated Asset Recovery and Their “Most Favoured Nation” Clause

EDITORIAL

I wonder just how many agents that signed Consolidated Asset Recoveries newest contract knew what the definition of “Most Favoured Nation” (MFN) was when they signed it? One agency about to sign it did and shared a copy with me. It’s not the only clause that’s a cause for alarm, there is also a right to an onsite records audit to assure it’s enforcement.

I AM NOT AN ATTORNEY! Nor am I in the position to or am I dispensing legal advice. But even as a layman, this doesn’t smell right. Read the definition of an MFN clause…

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