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Cma Agreement With Bijou

December 5, 2020 | By More

Again, I fully agreed with this Council and accepted that (i) the amounts that could be withheld at the venues of the event would be “limited”; and (ii) all funds withheld directly related to the marriage in question. “For example, maintaining and cleaning a place is a cost associated with running the business and benefits all future weddings,” he said. “Why should a consumer pay for it?” “If Jewel of the Offset was reasonable, they would have maintained goodwill with their customers and a positive reputation of which they could be proud. Instead, there will be the opposite legacy. The CMA added, however, that the premises could withhold certain limited amounts related to the costs already incurred for the marriage. On this point, too, the CMA concluded that the proper preservation it deems “fair” in the case of Bijou or, in other words, the amount it must deduct from consumer refunds is 37.2% of the cost of marriage. So if you paid $15,000 for a wedding with Bijou, you`ll see a refund of $9,420.00 and you lose $5,580.00. The agreement also confirms the generally accepted position that the consumer, if he has already received or is obtained a refund through his insurance, cannot be reimbursed twice and Bijou is therefore not required to grant refunds to these consumers. One company with which the CMA has an agreement on customer refunds is the Bijou Weddings group. After working “constructively” with the CMA on this issue, Bijou agreed: Consumer lawyer and LBC host Dean Dunham, who initially insisted on the subject, told me that he initially thought the Bijou investigation would be a “marker in the sand” of the restive issue of marriage refunds, but the CMA eventually “abandoned consumers” and asked him to reconsider the agreement. The September 9 government update limits social gatherings inside and outside to only 6 people. While this may seem like a step backwards, the good news is that there are no weddings that can continue with receptions of 30 people. The venue faces great challenges for couples who want refunds just to host larger receptions at home or at the pub.

Couples who wanted refunds are already starting to request receipts for 30, now that their plans have been made “illegally”. Event locations must use this update to their maximum benefit and market all availability for 30 personal receptions in order to keep revenue. Raising your head and pushing to fill the newspaper with reservations for 2022 and beyond is the only way to stay afloat through these difficult times. The CMA`s new policies mean that event venues may need to make more refunds, so it is essential to continue to generate new revenue to support your cash flow. The end of 2021 and 2022 will be the busiest years for weddings in history, so it is time to secure this business as soon as possible. Finally, the pandemic did not prevent couples from getting engaged; Bridebook has registered 17,500 new couples since the beginning of August, or 15% YOY! It is estimated that this corresponds on average to a maintenance of about 28 per cent of the price of the marriage, with calculations made on a case-by-case basis based on the expected date for the event. The CMA has published details of its agreement with Bijou, under which Bijou agreed (as part of the threat of legal action) to reconsider previous refund decisions and to offer partial refunds to affected consumers who did not wish to reschedule their marriages, reflecting the services they received prior to the annulment. Bijou is required to clearly communicate this revised refund position to any affected consumer who has not re-planned his marriage.

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