It is important to know which statutory limitation periods apply. In principle, this is twenty years, unless the law provides otherwise. In many cases the law provides otherwise. If the claim is time-barred, the claim is no longer claimable. It is therefore always important to keep an eye on the terms if you have a claim and want to claim it. In this article we will have a look at the most common claims.
The practice of Alterlaw in international debt collection is not limited to unpaid invoices in the context of maritime carriage. Recently the law firm achieved within a short period the payment of its client’s invoices for a carriage of goods by road under the CMR regime.
Handling claims on perishable goods usually requires the consideration of facts outside the scope of the claim under negotiation. The financial condition of the client or the need to invest for the next harvesting period may be demanding circumstances making the settlement of the claim in full even more urgent. This was the case in a recent claim handled by Alterlaw, where the firm achieved the satisfaction of approximately 95% of the total claim amount.