• 21 Dec '16

    The Spanish public entities (“administraciones”) hold an important debt with private entities, whether they be professionals or corporations, Spanish or foreigners. A brief look at the figures show how on 2015 a debt from town halls only of 29.024.688.000 according to the Spanish Ministry of Tax and Public Administrations, with the city hall of Madrid on top of te list with a figure of 4.767.315.000 euros.

  • 16 Dec '16

    Some time ago my Spanish colleague Belén Lopez published an article regarding a list of Spanish defaulters, which was given out to the public by the Spanish tax authorities. As in Spain, the Greek tax authorities have recently published a similar list. Since July 2016, the General Secretariat for Public Revenue allows access to that data for all citizens, to engage the public interest into the progress and efficiency of the Greek Tax Administration.

  • 6 Dec '16

    Since the result of the British EU membership referendum was announced on 23 June 2016, the discussion has changed; now we are not asking if Brexit will happen, but how it will be done. The current government thinks it has the right to give notice to the EU to leave under “Article 50” of the Treaty of the European Union. However, many fear that this would allow the government too much power, and that only parliament has the right to make or undo the law.

  • 1 Nov '16

    Earlier this year we published an article regarding a list of notorious Spanish defaulters. Each person or company mentioned on that list, owed at least one million euro to the Spanish government. At the time, the list contained 4800 parties, worth a total debt of 15.6 billion euro to tax authorities in Spain. Recently, the Spanish tax authority (the Agencia Tributaria) updated this list of notorious debtors in Spain.

  • 12 Oct '16

    Being an international oriented company, you are doing business with European companies on a regular basis; among them are French companies. Your business has delivered goods to a French customer recently and in accordance with the business deal, you have sent the 3000 euro invoice to the French company. Although your French customer is pleased with the products, he still hasn’t paid the 3000 euro bill. At a certain moment, the deadline for payment has passed and you have contacted your French debtor. The Frenchman explains that he currently does not have the ability to pay the bill and suggests to pay the bill in terms of six months. What is the best solution for your business in this situation? Do you meet the demands of the French debtor and trust him on his word?

  • 7 Oct '16

    Is your organization dealing with old invoices which have still not been paid by your Spanish customer? Then you can summon your Spanish client to pay that invoice as yet. A claim does not stay valid forever though. When an invoice is very old, it is possible that, meanwhile, this invoice has exceeded the period of limitation. But when does a claim reach that stage according to Spanish law? And how can you interrupt this period of limitation in Spain, so you can prevent exceeding this period of limitation? This article lends insight into the period of limitation in Spain and interrupting the period of limitation for claims against Spanish debtors.

  • 14 Sep '16

    Do you trade with Greek companies but worry how the current economic situation in Greece could affect you? Are you facing a delay on receiving a payment? Do you worry that your Greek business partners will not keep up their end of the deal?

  • 1 Aug '16

    Do you have a Spanish debtor who doesn’t pay? When you have complied with the contract and delivered the products, it is not fair you don’t get the payment you deserve. In some cases it is the director’s fault. Some directors did a bad job and brought their company in a bad state. The result is that the company can’t pay your invoices. Is it possible the company’s director can be held legally liable?

  • 27 Jun '16

    On Thursday, June 23, 2016, the United Kingdom held a referendum whether to remain a member state of the European Union or not. The British people were given the following option: Brexit (leave the European Union) or Bremain (remain part of the European Union). Arguably, this referendum marks one of the most important moments of recent history of the UK. After an intense battle between proponents and opponents of the Brexit, the results of the referendum were revealed on Friday, 24 June: 52 percent of the Brits voted in favour of the Brexit. This means that the UK will leave the European Unio, it is the first nation ever to do so. At this moment, the exact consequences of Brexit remain unclear. Our British lawyer Amy Cotter shines her light on possible judicial consequences.

  • 11 Mar '16

    From its humble beginnings 5000 years ago, debt collection has evolved quickly: debt slavery was replaced by laws, creditors’ initiatives were supported by debt collection agencies and efficient credit management became the focus in the 21st century. With every step in this evolution, third party providers have adjusted to market needs, in order to provide the best possible outcomes for creditors. Until very recently...

  • 7 Jan '16

    Where there is trade, there are likely to be defaulters as well. An ignorant and non-paying debtor is extremely frustrating for your business. Unfortunately, American companies are often confronted with overseas debtors, who are not responding to any kind of contact. To expose a part of such European debtors, Spanish tax authorities have published a long list of defaulting natural persons and corporations in Spain. Individually, these debtors owe at least one million euro to the Spanish state. This list of notorious debtors in Spain, allows international companies to check whether or not their Spanish business partner owes a large sum to his government. Information that could be valuable when your company is considering to engage in business with Spanish corporations.

  • 14 Dec '15

    After more than 60 years of debt collection in Europe, we are amazed by the creativity some international debtors display in coming up with “convincing” excuses. This article may convey the impression that our own creative brain went in overdrive, but we assure you: debtors have actually tried to fool us with these remarkable excuses. Feeling ashamed on their behalf, we present: the Top Ten European Debtors’ Excuses.

  • 1 Dec '15

    On a global scale, Italy is known for its delicious wine, grandmother’s pasta and exceptional sense of fashion. Bierens European Collection Attorneys is involved in the Italian market quite frequently. Besides fighting for justice for the international creditor in Italy, our lawyers also visit the Mediterranean country to keep a pulse on what is happening in the Italian market. During our last visit to Italy, we visited some typical Italian companies to get to know the history behind some of Italy’s finest family businesses.

  • 27 Aug '15

    The position of creditors with receivables abroad has improved as a consequence of a recast of the Brussels I Regulation on January 10, 2015. Brussels I determines which court is competent in cross-border cases. The revision of this Regulation has important consequences for international debt recovery and should contribute to a more rapid completion of claims and disputes. What do these changes mean for you if you have a dispute with a foreign business partner? We will discuss the two most important revisions.

  • 27 Mar '15

    Loopholes, denials and threats. Our lawyers regularly are confronted with the creative excuses of debtors. Though some excuses may bring a chuckle, others are downright disturbing. We present to you: the excuses top-10.