Ship release in Romania: the power of negotiation, persuasion and law
11 March, 2021
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A shipowner applied to Interlegal due to its vessel detention in Romania at the vessel agent’s request.
The Client admitted indebtedness but did not intend to avoid liaibility for debt recovery. However, in fact at that time there were not enough funds in the Client’s turnover to recover the debt.
Interlegal lawyers assisted in duly fixing agreements between shipowner, agent and charterer upon payment procedure and dispute settlement, facilitating release of the vessel, preventing the cargo detention at the port of loading and maintaining good relations between all the parties.
It should be noted that negotiations upon such agreements allegedly reached the dead end, but they were revived only by justifying in favour of the agent partial illegality of its demands, since just such an aspect was a stumbling block for the parties.
Therefore, all the parties managed to avoid time consumption and financial costs of litigation, to maintain their relations for future cooperation and to secure peace and confidence while solving this problem.
Interlegal lawyer Mykola Kozachenko and partner Alexey Remeslo, jointly with Romanian partner Virgil Nita, led the project.
