Commercial disputes arise mainly when companies do not carry out agreed services or do not pay due amounts. In cases of individuals, the nature of dispute differs as individuals can resort to competent authorities such as the Consumer Protection Department at the Department of Economic Development before initiating the court proceedings to urge the other party to settle the dispute amicably. This may also apply in cases of corporations and companies, however, said authorities may be less able to take effective measures and actions to force the other party to fulfill the obligations in the contract or make the due payments.
Nour Attorneys & Legal Consultants is proud to have a highly efficient team that provides various legal services in commercial disputes among companies and individuals, whether through submitting complaints to the competent authorities or through litigation before courts. Our policy in commercial disputes is to settle the disputes at the lowest cost and as soon as possible through resorting to competent authorities and submitting the necessary complaint before turning to courts.
Moreover, our clients will be able to take immediate measures to protect their rights, including the precautionary attachment by an order on petition issued by the court. This procedure allows the immediate seizure of the fund and assets of the other party at the banks and other parties, such as cars, equipment and real estate, as well as the amounts owed to them by others to ensure that the debt is not paid as well as a way to force the company to settle the dispute amicably in order not to disrupt its interests, especially in the case of freezing the same amounts with the banks, making the delay in repayment is of no use.
Furthermore, commercial claims differ, as they include but are not limited to:
1- Financial claims for products and services; it is always possible to carry out a precautionary attachment of delivered products to force the other party to fulfill their obligations.
2- Delivery claims, which are claims in which the client requests delivery of products or services for which he/she has paid without the fulfillment of the obligations by the other party. In such cases, a back-up request is often filed for contract termination, refund, and compensation.
3- Commission claims for the provision of mediation services, as courts shall investigate if the deals were completed or not, as courts enjoy full powers to audit the accounts and records of companies and government bodies if the contracting was proved by evidence.
4- Compensation claims for breaches and damages, and it is noteworthy that their mechanisms are detailed in compensation claims.
5- Other claims.
At Nour Attorneys & Legal Consultants, we always make sure to send legal warning to the other party, unless there is an intention on the part of our client to execute a precautionary attachment on the other party’s funds at the banks and assets with other parties in order not to notify the other party that our client has already hired a lawyer to take a judicial action. We attempt, on behalf of our client, to reach a settlement, installment of the amounts by cheques or bank bonds with a guarantee from partners or managers, or we offer a discounted rate if it was difficult for the debtor to repay the full debt. This is aimed to ensure the possibility of repayment before the final judgments are enforced. Sometimes, we advise the client not to grant a discount on receivables if the other party has assets and projects that indicate the stability of their business.
In conclusion, Nour Attorneys & Legal Consultants strives in commercial disputes to collect the client’s rights amicably, and if this was not the case, the other party shall face a strong opponent of lawyers and legal consultants who are fully capable of demanding the rights of the client that others refrain from repaying them back.
- October 5, 2019
- October 5, 2019
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- August 29, 2019