Reservation of Title
A reservation of title clause is sometimes included in a sales contract. Suppliers will often assume that goods belong to them until they are paid for. However, under the Sales of Goods Act, in the absence of such clauses, once goods are delivered to a customer they legally belong to them, whether paid for or not.
There are several types of reservation of title clauses that can be included in contracts to try and avoid any issues arising if a customer does not pay for their goods.
We can advise on the inclusion of these clauses in your contracts, and help with any claims you may seek to make in the event you have supplied goods to an insolvent company and wish to recover those goods.
- DISQUALIFICATION OF DIRECTORS
- RESERVATION OF TITLE
- IMPLICATIONS FOR LANDLORDS - TENANT INSOLVENCY
- CORPORATE RESCUE & RECOVERY
- PERSONAL INSOLVENCY
- BUSINESS SALES/PURCHASES FROM INSOLVENCY PRACTITIONERS
- TRUST/PROPERTY ISSUES ARISING FROM INSOLVENCY
- INVESTIGATIONS/RECOVERIES FOR CREDITORS
- TRADING A COMPANY WHILST INSOLVENT
- DEBT RELIEF ORDERS
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