35-Pointsto Note on Appointment of Foreign Lawyers
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Introduction of Credit Management for Overseas Trade

36 Things You Need to Know About Credit Management for Overseas Trade

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35. Points to Note on Appointment of Foreign Lawyers

Naturally, it is the lawyer who is the key to filing a lawsuit abroad. Generally speaking, unlike in Japan where all the lawyers are of high quality, there are lawyers abroad who are not very capable.

 

Basically, the debt collection lawsuit is said to have a high probability of success. If you can prove that there is a claim and that it is unpaid, there is relatively little room for refusal. However, if there is a competent lawyer on the debtor side, you may lose the case. Communication is important in this respect.

 

English language skill is important for communication but more importantly, it is important not to leave unknown things or questions as they are. I think the point is largely due to differences in culture and thinking, there are lawyers overseas who are willing to answer only if they ask questions about the client's disadvantage and the possibility of losing charges.

 

It is also common to sign the Power of Attorney for delegation but it is also important to specify the scope of the delegation. The risk is too high for a blank power of attorney.

 

In these respects, it would be better to have your partner's overseas lawyers be introduced through your own legal counsel or to use a large international legal corporation.

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【PDF】Introduction of Credit Management for Overseas Trade

Introduction of Credit Management for Overseas Trade

36 Things You Need to Know About Credit Management for Overseas Trade

This ebook was created as a resource for those who have trouble with diverse trading or want to learn Credit Management in a rational.

 

Chapter (Excerpt)

  • Major Differences Between International and Domestic Transactions 
  • Trade Reference
  • Bank Reference
  • Collection Agency
  • Reasons Behind Difficulty in Recovering Delayed Debts
  • Mistakes in International Transactions Where Japanese Companies are Prone to Fail
  • Customer Analysis ~ 5 C's of Credit
  • Dangerous Signs
  • Five Principles of Debt Collection