Debt recovery

A foreign bunkering company filed a request to Ukranian law firm Interlegal on securing debt recovery for lubricant supply amounting to US$90,000, with a payment delay of more than a half year. To defend the client’s interests, Interlegal lawyers arrested the debtor’s vessel as maritime claim security under the agreement on lubricant supply on board thereof. Ship arrest proved once more its effectiveness, having secured debt recovery by the shipowner within three days, jointly with penal sanctions and recovery expenses borne by the client.