Factoring

How we can help

1. Ongoing legal services and support to the factoring company (opinions, ongoing inquiries and consultations, annexes to contracts, agreements and negotiations with debtors, corporate services);
2. Creating from scratch, auditing and improving the factoring company's legal documentation (with practical consideration of court rulings in factoring cases);
3. Training of employees against fraud and factoring fraud;
4. Debt collection of factors and recipients, including custom and creative debt collection;
5. Litigation (including on assignment of claims, warranty, corrective invoices);
6. Establishment and release of collateral for receivables;
7. Representing the aggrieved factoring company in criminal cases;
8. Perfecting sensitive documents (e.g., notice of assignment of claims);
9. Daily support of the work of the risk departments (property reports, acquisition and analysis of KRS files; Registry of Liens; property condition survey; background check; inspection of the premises);
10. Representation of the factor in restructuring and bankruptcy proceedings, including disputes related to the assignment of receivables in restructuring and bankruptcy;

Compliance:
(a) Complaint procedure for the factoring company;
(b) Data protection - ensuring that documentation and products comply with RODO;
(c) Internal instructions - rules for signing the contract, bills of exchange, attachments;
(d) AML (Anti-Money Laundering) - legal alignment of the factor with changing AML regulations, audits of AML documentation;
(e) A policy of 'whistleblowing' - i.e., anonymous reporting of abuse;
(f) Anti-Corruption Code and Code of Ethics;
(g) Regulations for granting powers of attorney;
(h) Regulations for monitoring - business mail / vehicles / cell phones;