Every year public authorities in the EU spend a substantial part of public investment on public procurement. This amounts to more than 1.9 trillion EUR or 14% of GDP, in Slovenia alone 5,8 billion EUR or 12,6% of GDP. In many sectors public authorities are even the principal buyers and, on that account, public procurement has a significant impact on the economic growth of private companies. Both, domestic and foreign.…
Enforcement proceedings are initiated by a domestic or foreign creditor filing a motion for enforcement with the court. The court then decides on the creditor’s motion and if it grants the motion, it issues an enforcement order authorizing the proposed enforcement. Enforcement proceedings (and thus enforcement of the debtor’s obligations) can be initiated by the creditor in two ways, depending on the basis on which he files the motion for…
Pursuing commercial payment or supply claims in Germany may appear risky and gruesome, in particular if the applicant is located in a different jurisdiction and has little or no experience with claims management in Germany, in particular German court. Procedural nitty-gritty, costs, time, and an imbalance in information may deter you and your company from going after what is rightfully yours. Your payment claim may originate from parts or components…
