Tags |
|
|
Links |
|
|
Casual Articles - Anatomy of an International Debt Collection Case
If you've spent any time at all watching television recently, you've probably seen commercials advertising low-cost life insurance with guaranteed coverage that anyone can afford. And, if you're like many people, those commercials do get you thinking about the fact that you don't have life insurance yet, but you continue to procrastinate. (After all, you're going to live forever, right?) Or, maybe you think you can't afford the premiums or that you won't qualify for the rates advertised because of a medical condition, so you put off checking into your options.The truth of the matter is that you DO need life insurance, and there really is affordable coverage out there to meet your needs. There are two main types of life insurance, whole life and term life. The less expensive of the two is term life insurance.What is Term Life Insurance? When you buy term life insurance, you're purchasing a policy that will provide protection for a certain period of time. A 'death benefit' is paid only if the person insured dies during the term of the coverage. Most insurance companies have set coverage period lengths you can choose from. These coverage periods could be as little as one year at a time, but most often are offered in five or ten-year increments.As the policyholder, you get to decide who will receive the benefit payment in the event of your death. You should know, though, that some states and insurance companies have requirements concerning who can or must be designated as the benefic
Intensive and orderly preparation for cargo arrest
After studying the relevant documents and analyzing the entire history of the case, we determined that either Bolshoretskoe or Alimex would pay Daxin if we arrested the cargo in China. So we set about to do just that.
First, we prepared all necessary legal documents pursuant to Chinese law. Due to the various different legal systems and languages involved (China, Ru
Anyone who is considering launching a web site will likely need to look into the web hosting industry to accomplish their goals. Unless a person or business has servers that are capable of publishing to the Internet while also handling inbound traffic, web hosting is a necessity.But what is a web hosting company and how does someone find the best options?A web hosting company is simply one that enables clients, both individuals and corporations, to have their files stored on its computer servers. The company basically acts as a middle man, or a portal, to the World Wide Web.While all web hosting companies provide server space as a general rule of thumb, not all service providers offer the same options. Some companies will provide what’s considered a fairly well-rounded service, while others just offer the space.If you’re looking for a full service web hosting company, you’ll want to look for the following options:* A full service web hosting company start at the very beginning by assisting clients in obtaining a URL address. This is the Internet address that typically begins with www, giving a site a distinct name on the web. Good, full service companies will offer help in finding a name and getting it paid for and registered.* Web hosting companies that offer full services also provide help in creating the actual site. This can mean design services for full site construction, programs that make the work easy for clients or both.* Ongoing support. Good web
In late June of 2003, I received an e-mail from Daniel Harris, who introduced himself as maritime lawyer from Seattle. He had found me through the internet and was asking me whether I was interested in helping arrest transshipped cargo in Dalian. I was excited about the task and I surfed Dan's website [http://www.harrismoure.com] and learned Dan owns a small international law firm in Seattle, called Harris & Moure. I replied to him immediately and sent him some relevant provisions concerning cargo arrests under China legal system. He was very happy with my prompt and helpful reply and we soon were working together on the case. He later told me he was so impressed with my responses that he had picked me over numerous other lawyers throughout China.
Brief of the case
OOO Bolshoretskoe is a Russian fishing company that sold 400 Tons of pollock worth around US$700,000 to Alimex Seafood A/S, a Danish company. The pollock was scheduled to be transshipped from Dalian to Europe. Alimex had not yet paid Bolshoretskoe for the product. Bolshoretskoe owed Daxin Petroleum Pte, Ltd., a Singapore fuel supply company, around US$400,000 for fuel. M/V IVAN POLZUNOV, the vessel carrying the pollock, was scheduled to call on Dalian on 4 July, 2003. Our task was to seize the pollock for Daxin to get Bolshoretskoe to pay its debt.
Bolshoretskoe’s debt to Daxin arose in July and December, 2002, when Daxin supplied bunker products for two Russian fishing vessels, TOSNO and PHOENIX. To secure these fuelings, Bolshoretskoe signed a guarantee letter to Daxin in which “Bolshoretskoe assigns all receivables resulting from production, deliveries and selling of Salmon or Pollock on/from board of F/T PHOENIX in favor of Daxin for the amount of the bunker supply. In addition, Bolshoretskoe agrees that property title to salmon or pollock products covering the amount of the bunker shall pass to Daxin immediately upon processing and/or storage of the products on board of PHOENIX.
Daxin was not paid on its two fuel deliveries, and Bolshoretskoe was refusing to pay. It is estimated the TOSNO and PHOENIX owed a combined total of around $20 million in unpaid debt to various creditors.
Intensive and orderly preparation for cargo arrest
After studying the relevant documents and analyzing the entire history of the case, we determined that either Bolshoretskoe or Alimex would pay Daxin if we arrested the cargo in China. So we set about to do just that.
First, we prepared all necessary legal documents pursuant to Chinese law. Due to the various different legal systems and languages involved (China, Rus
I can confidently say that if you were like me, you would not be wasting the morning sleeping, but would make the most of it by working. Recently, there has been increasing debate about the working hours of Americans. Just take look at what author Mitch Ratcliffe has to say:I've never been what you'd call a "morning person," unless you're talking about the hours aftermidnight and before 3 AM. Do I fit better in this era than my parents' working world? Should companies and teams be thinking more about when people are at their best and less about the time clock?Recent Trends in Working HoursWord is out that working hours are not the same old 9-5 anymore. One recent survey published by the Financial Times tries to find out many possible reasons for this extraordinary phenomenon. But before you draw conculsions, be forewarned that this mostly relates to citydwellers rather than rural ones.As per the report by Till Roenneberg, a Munich-based author/researcher, the human clock does not work by the clocks of employers; thus the best performance of workers need not be at this 9-5 timing but when they are best prepared. This effectively means letting people choose their work time and expecting them to deliver the best they can.See Who Works WhenEven in older times, working at night or odd hours was not entirely unheard of. Healthcare workers and police on the night beat are a few professions that require non-traditional working hours. But the recent social changes, which
Brief of the case
OOO Bolshoretskoe is a Russian fishing company that sold 400 Tons of pollock worth around US$700,000 to Alimex Seafood A/S, a Danish company. The pollock was scheduled to be transshipped from Dalian to Europe. Alimex had not yet paid Bolshoretskoe for the product. Bolshoretskoe owed Daxin Petroleum Pte, Ltd., a Singapore fuel supply company, around US$400,000 for fuel. M/V IVAN POLZUNOV, the vessel carrying the pollock, was scheduled to call on Dalian on 4 July, 2003. Our task was to seize the pollock for Daxin to get Bolshoretskoe to pay its debt.
Bolshoretskoe’s debt to Daxin arose in July and December, 2002, when Daxin supplied bunker products for two Russian fishing vessels, TOSNO and PHOENIX. To secure these fuelings, Bolshoretskoe signed a guarantee letter to Daxin in which “Bolshoretskoe assigns all receivables resulting from production, deliveries and selling of Salmon or Pollock on/from board of F/T PHOENIX in favor of Daxin for the amount of the bunker supply. In addition, Bolshoretskoe agrees that property title to salmon or pollock products covering the amount of the bunker shall pass to Daxin immediately upon processing and/or storage of the products on board of PHOENIX.
Daxin was not paid on its two fuel deliveries, and Bolshoretskoe was refusing to pay. It is estimated the TOSNO and PHOENIX owed a combined total of around $20 million in unpaid debt to various creditors.
Intensive and orderly preparation for cargo arrest
After studying the relevant documents and analyzing the entire history of the case, we determined that either Bolshoretskoe or Alimex would pay Daxin if we arrested the cargo in China. So we set about to do just that.
First, we prepared all necessary legal documents pursuant to Chinese law. Due to the various different legal systems and languages involved (China, Ru
Email hosting may not seem like a big deal to you, considering all of things to think about when launching a new internet business, but trust me when I tell you that problems with email is one of the most frustrating things you'll ever deal with in an internet-based business.In an internet-based business, the majority (if not all) of your communications with customers are conducted via email.Sure, some internet-based businesses have phone service and offer their phone numbers to customers and potential customers for the purpose of asking questions, calling in orders or obtaining support.But, the online customer is more apt to contact an internet-based business via email or through the use of contact forms provided on the business's website.Notification of communications submitted through online contact forms or order forms are also generally presented to the business in the form of email.As you can see, the very nature of an internet-based business makes it highly dependent on email, not only as a medium for communications, but also for operations.Email difficulties or downtime can literally shut an internet- based business down causing lost sales and poor customer service. Lost revenues and customer dissatisfaction are the results, not to mention the aggravation and resulting frustration.Looking at things from that realistic angle, you can see that email hosting is a business function that not only deserves, but demands your attention.et paid Bolshoretskoe for the product. Bolshoretskoe owed Daxin Petroleum Pte, Ltd., a Singapore fuel supply company, around US$400,000 for fuel. M/V IVAN POLZUNOV, the vessel carrying the pollock, was scheduled to call on Dalian on 4 July, 2003. Our task was to seize the pollock for Daxin to get Bolshoretskoe to pay its debt.
Bolshoretskoe’s debt to Daxin arose in July and December, 2002, when Daxin supplied bunker products for two Russian fishing vessels, TOSNO and PHOENIX. To secure these fuelings, Bolshoretskoe signed a guarantee letter to Daxin in which “Bolshoretskoe assigns all receivables resulting from production, deliveries and selling of Salmon or Pollock on/from board of F/T PHOENIX in favor of Daxin for the amount of the bunker supply. In addition, Bolshoretskoe agrees that property title to salmon or pollock products covering the amount of the bunker shall pass to Daxin immediately upon processing and/or storage of the products on board of PHOENIX.
Daxin was not paid on its two fuel deliveries, and Bolshoretskoe was refusing to pay. It is estimated the TOSNO and PHOENIX owed a combined total of around $20 million in unpaid debt to various creditors.
Intensive and orderly preparation for cargo arrest
After studying the relevant documents and analyzing the entire history of the case, we determined that either Bolshoretskoe or Alimex would pay Daxin if we arrested the cargo in China. So we set about to do just that.
First, we prepared all necessary legal documents pursuant to Chinese law. Due to the various different legal systems and languages involved (China, Ru
Before we look at what options are available for making money online, these 4 self-appraisal questions will show you how successful you are likely to be.Too many people venture online without understanding which type of Internet business they are best suited to. They either go for the first one they come across that promises early wealth, or, having viewed a few options (without gaing any real insight on what exactly each one will deliver), they hurl themselves at several simply because they can't make a choice.Both of these strategies is dangerous. The first, because any site that promises pots of cash early with very little work is nothing more than a scam (1000's of people have lost money to these schemes) and the second because if you try running too many ventures too soon you'll spread yourself thin and be unable to devote necessary time to a single opportunity.There are many legitimate ways to make money online and discovering which one is best for you is an excercise well worth taking some time over.In part one of this series you posed 4 questions to yourself:1. How computer literate am I? (not at all - 1, very - 5) 2. How is my self-discipline? (bad - 1, excellent - 5) 3. How positive is my outlook on life? (terrible - 1, bright - 5) 4. How much can I afford to fail? (Can't - 1, Doesn't matter - 5)And answered each of them with a score of 1 to 5 accordingly.ee letter to Daxin in which “Bolshoretskoe assigns all receivables resulting from production, deliveries and selling of Salmon or Pollock on/from board of F/T PHOENIX in favor of Daxin for the amount of the bunker supply. In addition, Bolshoretskoe agrees that property title to salmon or pollock products covering the amount of the bunker shall pass to Daxin immediately upon processing and/or storage of the products on board of PHOENIX.
Daxin was not paid on its two fuel deliveries, and Bolshoretskoe was refusing to pay. It is estimated the TOSNO and PHOENIX owed a combined total of around $20 million in unpaid debt to various creditors.
Intensive and orderly preparation for cargo arrest
After studying the relevant documents and analyzing the entire history of the case, we determined that either Bolshoretskoe or Alimex would pay Daxin if we arrested the cargo in China. So we set about to do just that.
First, we prepared all necessary legal documents pursuant to Chinese law. Due to the various different legal systems and languages involved (China, Ru
The choice of each definite model depends on company’s age, success, product and other specifications. Ashridge Portfolio Display, which help identify fit between the business unit critical success factors and the parent's skills and resources and fit between business unit parenting opportunities and the parent's skills and resources. Businesses are classified as 'heartland businesses' where the parent can add value easily, 'ballast businesses' are those well understood by the parent but the parent is unable to exploit, 'value trap businesses' are those which afford opportunities to add value but the strategic fit may not be perfect. The final category is 'alien businesses' which afford little opportunity to add value and should be divested. This classification is not dissimilar to that used in the BCG matrix. However, the selection uses more criteria than the BCG matrix.Organisations that are choosing to adopt an expansion strategy may use the Ansoff Matrix to clarify possible directions for expansion. The potential of an organisation is fulfilled by the combination of new and current products within new and current mark. It provides a linkage between products and markets. The greatest risk is the opening of car dealerships or the acquisition of a pharmacy chain. Car dealer ships would require new investment in suitable sites which mayor may not be present within the property portfolio. The acquisition of a pharmacy chain would add to the property portfolio with significantly different premises th
Intensive and orderly preparation for cargo arrest
After studying the relevant documents and analyzing the entire history of the case, we determined that either Bolshoretskoe or Alimex would pay Daxin if we arrested the cargo in China. So we set about to do just that.
First, we prepared all necessary legal documents pursuant to Chinese law. Due to the various different legal systems and languages involved (China, Russia, Singapore and the United States), our preparations were extremely time consuming. As we were preparing our documentation and firming up our strategies, Dan was also preparing to come to Dalian.
However, the day before Dan was to leave the United States, he learned that the pollock’s transport vessel, the IVAN POLZUNOV, had secretly changed its plans in an effort to avoid arrest. It would not be calling Dalian on July 4, 2003; it would be calling Qingdao on July 8, 2003. Because all legal documents had been prepared for the Dalian Maritime Court, Bolshoretskoe’s change in plans necessitated we completely change our plans also. With time so much of the essence, we asked Sunfanlong, who works in Qingdao Wincon law firm, to work with us and we transferred all legal documents to him.
Successful Arrest of the cargo
On July 7, 2003, Dan arrived in Qingdao. The IVAN POLZUNOV arrived in Qingdao the next day and began to discharge 15 containers of pollock for transshipment to Europe. When the judge, Wincon’s lawyer and Dan saw that the containers were being offloaded on trailers for transport to the container terminal, they went straight to the terminal to deliver the arrest papers on all 15 containers. However, after waiting nearly five hours at the terminal and waiting well into the night, only three containers had arrived and been arrested. Nobody seemed to know what had happened to the other twelve containers. We were concerned Bolshoretskoe and/or Alimex had learned of our arrest warrant and had hidden the other twelve containers. Adding to our worries was that we had by now learned that Alimex was to ship all 15 containers to Europe the very next day. We checked everywhere for the missing twelve containers. We checked with various trucking companies. We checked all around the terminal. Nothing. Eventually, we learned that the twelve containers had been in the terminal all along, but had been issued separate bills of lading from the first three and placed in a somewhat separate area. We had succeeded in arresting all fifteen containers.
After our having engaged in twelve days of intensive e-mail and telephone com
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.casualarticles.com/article/129309/casualarticles-Anatomy-of-an-International-Debt-Collection-Case.html">Anatomy of an International Debt Collection Case</a>
BB link (for phorums):
[url=http://www.casualarticles.com/article/129309/casualarticles-Anatomy-of-an-International-Debt-Collection-Case.html]Anatomy of an International Debt Collection Case[/url]
Related Articles:
How To Deal Effectively With Grievances
Electronic Books And Magazines Can Be Among Your Cost Effective Servicing Tools
Using Feedburner to Add Statistics to Your RSS Feed
Bookmark it:
|