Clyde & Co is recognised as a market leader in this specialised class of insurance with a global team of specialist lawyers working to protect the interests of local and international trade credit insurers and ECA’s by providing tailored services in respect of claims, recoveries and policy coverage.
An increase in the number of insured transactions, coupled with changeable economic conditions, has resulted in increased claims and the consequent need for effective recoveries.
Our Global Trade Credit Recoveries Group provides specialist teams to handle both pre-litigation collections and recoveries litigation through courts or arbitration. We operate in all regions of the world.
We provide proactive, timely and cost-effective debt recovery solutions and offer our clients the unrivalled levels of technical knowledge, resource and experience that they would expect from a leading international law firm.
Our debt recovery officers deliver a low cost, no risk specialist service for trade credit insurers and ECAs for the pre-litigation recovery of unpaid debts, and we have achieved a proven track record of millions of dollars of successful debt recoveries for our clients through this service. Our objective in debt recovery cases is to achieve full payment for our clients in the shortest time period possible, or to negotiate with debtors to agree a workable payment solution acceptable to our client without recourse to litigation.
In cases where litigation is considered necessary in order to make a recovery, we can draw on the capabilities of the largest global Dispute Resolution practice of any international law firm to manage the entire claim process. We regularly handle trade credit-related recovery cases for clients throughout the world, often in very difficult markets and often including matters of international law, as well as insurance issues.