Debt Defaults

The world has changed very rapidly, in my daily contact with companies as a consultant I meet with companies Arbitration sick. Yes sick from the pandemic of defaults. There are sectors that are very sick (waaaaay defaults) and I like to do this parallel between being healthy (no defaults) and illness (with defaults) because this allows the employer to quickly view their status, sick or healthy company. In this case we first need to do is to diagnose the health of the company to know what measures (remedies) apply. When you go to a doctor after you say hello and tell you what hurts it will normally ask you several questions. In my case as a consultant is something like I do some very basic questions. yComo sell you? yHace a contract with the terms of sale? yUtiliza a purchase order? yAlbaranes? yQuienes sign these slips? Be surprised to know the number of employers who do not use the means necessary to prove in the ordinary courts has been a sale of goods or provision service.

ySabes that exists in addition to the regular courts, which is usually slow and expensive, another way to solve the problems between companies? There is called arbitration. The most important thing is to know the Arbitral Tribunal to which you go, there are many, but mind you A) What type of Arbitration made B) The time delay C) Who are the referees. In Spain we have two types of companies that are unpaid and they’re going to have.

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