Following is just one example of many cases we have successfully represented on behalf of our clients.

The Case: An internationally experienced seller in Asia ships goods worth of € 400,000.00 at an agreed unit price of € 2 with the buyer in Europe. The buyer issues irrecoverable L/C at sight in favour of the seller as terms of payment. When the goods arrive at the port in Europe the buyer refuses accepting the shipment citing poor quality and threats the seller to auction the entire consignment within 10 days unless the buyer accepts a reduced unit price of € 1, haf of the agreed unit price.

Actions: The seller in Asia contacts Stein & Partners by email at info@steinandpartners.com describing the case in brief. Stein & Partners requests for more detailed information to judge merit of the case; prompt reply follows from the seller in Asia. Stein & Partners evaluate the case quickly and decides to act on behalf of the seller.

Outcome: After only four weeks of dedicated and hard work of Stein & Partners € 400,000.00 are fully recovered for it’s client in Asia.