Due to 20+years’ experience of the largest law firm in the Black Sea Region and high professional level of international lawyers, Interlegal provides a prompt and effective assistance to trade companies upon the issues related to obligations under sale contracts and relationship with carriers, freight forwarders and terminals.
What we do for you:
Provide a personal legal adviser for your trade contracts (GAFTA, FOSFA), available 24/7/365, supported by 50+ experts in various specializations in the 6 Black Sea Region offices;
Draft personal proformas of contracts and charter parties (including Bareboat Charters, Time Charters, Voyage Charters) for loss risk mitigation;
Prepare and analysis of sale-purchase contracts including on GAFTA and FOSFA proformas;
Negotiate with carriers, freight forwarders and terminals on non-payment, short delivery, wrong cargo delivery, delay in delivery, demurrage;
Claims handling upon non-payment, shortage, quality, demurrage, resulting in washout agreements, settlement agreements;
Legal support to purchase of fleet, machinery and other assets;
Inspecting counteragents from the Black Sea Region, due diligence of companies and assets;
Checking counteragents, companies and assets in Ukraine;
Negotiate with insurers of cargo and ship owners’ liability, cost recovery;
Consult upon the following issues:
Trade financing and letters of credit;
Obligation and settlement security (lien, surety, bank guarantee and insurance company’s guarantee);
Charter Party proformas (Gencon, Synacomex, Baltime etc.);
Demurrage and laycan, cargo shortage, wrong delivery and late delivery;
Force Majeure and export ban, International sanctions.
The demurrage begins with… A foreign Shipowner applied to Interlegal due to non-payment of demurrage by the Charterer, accrued in accordance with the Charter Party and applicable standard proforma GENCON 1976.
Quality dispute: How proper negotiations allow to keep the contract and commercial relations
How to save 194,000 USD and to gain friends? The Client, large international grain trader, used LegalCare program (i.e. legal support of GAFTA/FOSFA contracts) and applied to Interlegal for legal support of the contract on carriage of 25 thousand tons of wheat.
In case of any dispute or breach of your rights, we facilitate a pre-arbitral amicable settlement with 70% of successful result, without arbitration costs.
But in case of failure to settle the dispute, we defend your interests at the Ukrainian and foreign courts and international maritime arbitrations, such as GAFTA, FOSFA, LMAA etc.
Our international lawyers regularly win arbitration cases in favour of their Clients at GAFTA and FOSFA arbitration with the English law applied.
One should agree that it is better to train staff by some others’ mistakes. In order to improve your personnel skills in sea carriage, contracts and charter parties, we hold training courses for traders, based on our case studies in Black Sea Region trade and logistics.
Please read our articles about international trade practice. We have them written for many years – probably you will find below answers to the issues of concern for your business. Otherwise, you may contact our experts for assistance in your business.
Due diligence of a company in Ukraine25.11.1925.11.19
Due diligence of a Ukrainian company may be carried out for various purposes and can be either simplified (i.e. in order to verify the counterparty under business contracts) or more complex (i.e. in order to verify the company before acquiring its corporate rights, shares).more
Quality dispute: How proper negotiations allow to keep the contract and commercial relations06.08.1906.08.19
Interlegal represented the buyer under CIF contract for sale of seeds, governed by FOSFA Contract No. 11 – according to the quality certificate provided by the seller, the Goods appeared to be contaminated by alive insects, despite the fact that contractual quality specification directly provided for absence of alive insects.more
Grain trade has a lot of surprises (delays, non-deliveries, questions upon goods quality etc.), but the Ukrainian traders has been coping with such difficulties for a long time on a professional level. But one day the largest market players faced a serious problem, named Agroinvestgroup default.more
How to save 194,000 USD and to gain friends?11.01.1811.01.18
The Client, large international grain trader, used LegalCare program (i.e. legal support of GAFTA/FOSFA contracts) and applied to Interlegal for legal support of the contract on carriage of 25 thousand tons of wheat.more
Every day, thousands of contracts are concluded in Transport, Shipping and International Trade between the parties speaking different languages, working in different law systems and often understanding the same contractual provisions in a different way.more
Amendments to GAFTA 48 & 49 standard forms04.10.1804.10.18
In September 2018, reviewed and amended standard forms of GAFTA 48 and GAFTA 49 contracts, along with amended Arbitration Rules No. 125, were published at the Grain and Feed Trade Association (GAFTA) official website.more
How to calculate foreign income tax correctly?04.06.1804.06.18