Definition A standby letter of credit, abbreviated as SBLC, refers to a legal document where a bank guarantees the payment of a specific amount of money to a seller if the buyer defaults on the … [Read more...] about Stand-by Letter of Credit
The epidemic from Covid19, in addition to the economic damage, causes legal issues that undermine, above all, the soundness of trade agreements, including transnational. In fact, the number of cases … [Read more...] about Covid-19 and international contract management – force majeure
Home It is true that the coronavirus emergency has caused the slowdown or even the blocking of logistic and production activities, but this can become an opportunity for companies to rethink their … [Read more...] about Coronavirus, logistics in crisis: how companies can limit damage
By its judgment of 19 December 2019 in Case C-532/18, the Court of Justice sentenced the airline for the burns caused by the overturning of a hot coffee which for unknown reasons occurred during a … [Read more...] about The airline compensates the damages caused from the overturning of a glass of hot coffee
Premise The Tax Court of Lombardy with the sentence of appeal n. 2129 of 15/03/2018 declared disproportionate and consequent has deemed to disapply, in the quantum, the sanctions imposed by the … [Read more...] about Administrative sanctions in customs matters: the disproportion to the European standard.
With this term it is traditionally defined the set of the contractual relationships that allow to a’enterprise to guarantee the supplying of raw materials, products, members, to receive logistic … [Read more...] about Supply chain