Suppliers of goods tend to think that they have strong rights if they
retain ownership of delivered goods until the purchase price has been
fully paid, because disputes involving non-payment can supposedly be
solved fairly easily by claiming payment in court or repossessing the
goods. However, things may get difficult for the supplier if a
purchaser is in possession of the goods but then becomes
insolvent.Over the past decade the number of insolvencies has
increased dramatically, and their complexity has also increased.
Particularly when foreign jurisdictions come into play, it may turn
out that a supplier’s rights are weaker than it thought. For
instance, has the supplier really retained title to the goods, or can
the liquidator dispose of them and take the money? Or if the supplier
believes it has sound retention of title in its home country, does
that still apply when goods are delivered to a purchaser abroad? And
when the retention of title is valid, how can the supplier actually
repossess goods if the purchaser defaults and is uncooperative?Such
questions need answers, and this publication provides a practical
overview of the most relevant legal issues concerning retention of
title in more than 30 of the most important business nations globally.
It provides guidance to manufacturers and suppliers of goods,
insolvency practitioners and their attorneys for promoting a better
understanding of retention of title and the effects of insolvency. So
whether you are a lawyer, insolvency practitioner or general counsel
in an international business, this commercially focused guide will
provide practical insight into the relevant legal issues.
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Produktdetaljer
ISBN
9781787429048
Publisert
2022
Utgave
1. utgave
Utgiver
Ingram Publisher Services UK- Academic
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter