California AB344 amends the Business and Professions Code to mandate arbitration for beer wholesalers and successor manufacturers.
California AB344 amends the Business and Professions Code to mandate arbitration between an existing beer wholesaler and a successor beer manufacturer's designee to determine compensation for the fair market value of affected distribution rights. The arbitration must be held in California through a private arbitration services provider. The parties must exchange relevant documents and information within 20 days of notification to arbitrate. The arbitration hearing must conclude within 180 days, and the arbitrator must render a decision within 15 days of the hearing's conclusion.
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