Dispute on dispatch recovery under the trade contract
5 December, 2017
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A Client, large agricultural trader, filed a request to Interlegal on dispatch recovery under the trade contract within LegalCare Program.
A large dispatch amount arose in the process of FOB trade contract performance.
First Notice of Readiness was incorrect and the Client rejected its acceptance. Second Notice of Readiness was submitted correctly, within the loading port geography and under the contract terms. Laytime at the loading port commenced following the correct NOR submission, as shown in the Statement of Facts.
Despite the justified claim on dispatch recovery, the counteragent refused to pay dispatch amount and required to prove incorrectness of the initial NOR submission at the loading port.
Interlegal lawyers Ekaterina Gadetskaya and Anna Averina, under supervision of Natalya Myroshnychenko, defended successfully the Client’s interests, provided to the counteragent a feasible legal position and exhaustive evidence of the initial NOR invalidity.
As the result, the counteragent paid the dispatch amount in full.