Cross-border sale & purchase
Cross-border sale & purchase
Cross-border sale & purchase
Cross-border sale & purchase
Cross-border sale & purchase
Cross-border sale & purchase
The international commercial sale and purchase of commercial goods is often governed by the provisions of the United Nations Convention on Contracts for the International Sale of Goods. This convention provides a uniform set of rules that define the obligations of the professional buyer and seller. The Convention contains rules on the quality, payment, delivery and non-conformity of goods, but also on the how and in which conditions a sales contract can be dissolved and what compensation can be claimed. Vessels, altough movable, are excluded from the scope.
Leeward has extensive knowledge of all these facets and advises its clients in a targeted manner, also when the contract is not regulated by the Vienna Sales Convention, but by national law.
Leeward is also familiar with the Incoterms. There are various risks associated with the sale and purchase of goods. The risk distribution based on the Incoterms runs parallel to the transport obligation. These may be lost, damaged or delayed in delivery. By choosing the appropriate Incoterm for your sale/purchase agreement, these risks are dealt with in a standardized manner. The Incoterms (11 versions) are a set of international rules, developed by the International Chamber of Commerce ('ICC') that define certain rights and obligations of the buyer and seller in their agreement. Depending on the Incoterm agreed upon, these rights and obligations will be attributed between parties; in particular, the risk of damage and loss, the cost of transport and insurance.
From EXW to CIF, Leeward provides legal support for all your questions.
The international commercial sale and purchase of commercial goods is often governed by the provisions of the United Nations Convention on Contracts for the International Sale of Goods. This convention provides a uniform set of rules that define the obligations of the professional buyer and seller. The Convention contains rules on the quality, payment, delivery and non-conformity of goods, but also on the how and in which conditions a sales contract can be dissolved and what compensation can be claimed. Vessels, altough movable, are excluded from the scope.
Leeward has extensive knowledge of all these facets and advises its clients in a targeted manner, also when the contract is not regulated by the Vienna Sales Convention, but by national law.
Leeward is also familiar with the Incoterms. There are various risks associated with the sale and purchase of goods. The risk distribution based on the Incoterms runs parallel to the transport obligation. These may be lost, damaged or delayed in delivery. By choosing the appropriate Incoterm for your sale/purchase agreement, these risks are dealt with in a standardized manner. The Incoterms (11 versions) are a set of international rules, developed by the International Chamber of Commerce ('ICC') that define certain rights and obligations of the buyer and seller in their agreement. Depending on the Incoterm agreed upon, these rights and obligations will be attributed between parties; in particular, the risk of damage and loss, the cost of transport and insurance.
From EXW to CIF, Leeward provides legal support for all your questions.