Interlegal saved 85,000 USD for the Client
Switzerland is famous for its ski resorts, reputable banks and precise watches. However, we hardly know that in Switzerland there is also a simplified (extrajudicial) debt recovery procedure: the creditor shall apply to a special body – Debt Recovery Office, which shall issue a payment order followed by sending to the debtor. If the debt is not repaid within the period specified in payment order, enforcement proceedings shall commence with all that implies, i.e. seizure of bank accounts, real estate and appropriate withdrawal of funds.
A large trading company specialized in agricultural products received such payment order. Since payment order related to the contract whereunder payment was made in full, the Client applied to Interlegal for legal assistance.
With regards to shortened terms of the debt recovery procedure, Interlegal lawyers promptly got involved in operation and filed to the court justified objections against debt recognition. Following case consideration, the Swiss court made a decision in favor of our Client, while debt recovery proceedings were closed. Due to Interlegal prompt professional assistance, the Client could save over 85,000 USD.
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
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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