DEBT RECOVERY

Controversies concerning debts for the supplied goods or services are one of the most common reasons of international commercial disputes between parties in the implementation of trade deals. The disputes require individual resolution by specialists with specific professional knowledge and skills.

IBcontacts specialists provide services concerning debt management taking into consideration interests of both foreign supplier (export credit agency which insured the deal) and Ukrainian company-debtor. In any case, our main goal in debt management and restructuring is to keep trust, mutual partnership and business reputation of each party.

Therefore, debt management, as well as resolution of other commercial disputes, is conducted by IBcontacts professionals on the basis of «win-win» principle when each party receives maximum profit from the results achieved. Our main objective is to achieve a compromise in order to avoid dispute resolution in court.

The abovementioned goals are achieved by means of the following:

  • conduction of negotiations on the basis of the international mediation principles (out-of-court dispute resolution);
  • creation of the most optimal debt restructuring plan for both parties as well as drafting the necessary legal documentation;
  • provision of advice to the parties of the process on all the relevant matters.

If the conflict cannot be resolved in an amicable manner, IBcontacts is ready to provide a highly qualified legal support to our clients in a court trial. We provide all types of services concerning debt recovery in court, starting from complex legal analysis of the documents in the case, elaboration of legal position to the representation of client’s interests in courts of all levels and arbitrage. Rich experience of IBcontacts attorneys and lawyers is the key to successful dispute resolution concerning debt recovery.