Credits & Collections

 

Securing credits:

Commercial transactions between common law systems and code-based legal systems are very different and can be risky if the credits are not properly secured.

Our legislation provides a summary procedure to demand payment of a credit; however the instruments need to fulfill very strict legal requirements in order to be valid for this procedure. Regular procedures are often long, complex and resource-consuming, therefore we highly encourage foreign businesses to review the credit instruments and the transactions with us to prevent any eventuality and secure the credits properly.


Collections:

Our collection services include credit investigations, out-of-court settlements, litigation, arbitration, judgment enforcements, deficiency judgments, insolvency and bankruptcy procedures.

We offer our collection services on a contingency basis applying the rates fixed by the Commercial Law League of America.