ID#70: Product sold but not paid in full

Claim amount: 628.000 Rub / 21.000 USD

Status: Collecting offers


In May 2009 we sold the product for a company in Belarus for 1.228.000 roubles (41.000 USD). The buyer paid us only 600.000 roubles (20.000 USD). By today the penalties are higher than the debt itself. Our contract with the buyer expired 31.12.2009 but in February 2010 we prolonged it and the buyer accepted to pay the debt in three transfers by May 1st 2010.

So far we did not receive a penny.

We are planning to submit the question to Arbitration.
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