Interlegal assistance in debt recovery in favour of agricultural exporter for delivered products
The Client – large exporter of agricultural products in Black Sea Region – applied to Interlegal due to non-receiving payment for goods delivered to the Buyer.
The Parties concluded several contracts on grain & oilseed supply. The Seller duly fulfilled its contractual obligations on goods supply, while the Buyer accepted the goods in full but made only partial payment. With reference to low-quality of the goods under on of the contracts, the Buyer retained payment under other contracts too.
Interlegal team analyzed all the documents and facilitated a feasible legal position for the Client’s demand to make payment under all the contracts. Further negotiations resulted in receiving payment by the Client (ca. 100 thousand USD), equal to majority of sum payable for the goods supply.
Since payment was made partially, Interlegal lawyers commenced claims handling procedure. In reply to the claim the Buyer remitted the outstanding amount (30 thousand USD) within two days, having recovered all the debts owed to our Client.
Cancelling arrest of goods at the maritime terminal2021.10.13
Cancelling arrest of goods at the maritime terminal A large international grain trade applied to Interlegal, due to arrest imposed on its...show more
Updated BIMCO contracts for towage and barge hire2021.10.07
Updated BIMCO contracts for towage and barge hire The Baltic and International Maritime Council (BIMCO) recently published new editions o...show more
Interlegal lawyers settled the dispute in the amount exceeding 1 million USD upon unpaid bunker supply2021.09.27
Interlegal lawyers settled the dispute in the amount exceeding 1 million USD upon unpaid bunker supply Prompt, professional, in complianc...show more
Interlegal lawyers consulted the client upon currency control2021.09.20
A large Ukrainian exporter applied to Interlegal upon the option to avoid violation of deadlines upon export operations. As per the Client’s...show more
Interlegal lawyers consulted the client upon regulating PEP (politically exposed person) status in Ukraine2021.09.15
A client applied to Interlegal on drafting legal opinion for foreign agents in the framework of compliance procedures. Today, we face com...show more
Interlegal defended the European large insurer’s rights at the court2021.09.10
The client, large German insurance company, applied to Interlegal for recovery of reimbursed amount paid to the injured person....show more
Interlegal saved 85,000 USD for the Client2021.09.06
Switzerland is famous for its ski resorts, reputable banks and precise watches. However, we hardly know that in Switzerland there...show more
Interlegal facilitated damage reimbursement in favor of shipowner, due to vessel collision2021.09.03
Interlegal facilitated damage reimbursement in favor of shipowner, due to vessel collision This spring, two vessels collided in Constanta...show more
Interlegal lawyers won the dispute at the stage of defining arbitration jurisdiction2021.08.31
A large shipping company applied to Interlegal regarding London Maritime Arbitrators’ Association (LMAA) arbitration proceedings agains...show more
Interlegal lawyers supported closing the deal upon tanker sale & purchase in Athens, Greece2021.08.31
Interlegal lawyers supported closing the deal upon tanker sale & purchase in Athens, Greece Interlegal lawyers successfully supported...show more