The risk of losses

Suppliers are particularly exposed to loss, as their claims are often unsecured and rarely achieve settlement (in the form of dividend) in bankruptcy proceedings.

Credit risk can often be reduced, however, if measures are put in place in time. Loss, once incurred, may also lead to liability on the part of management and the right to compensation for the creditor. Contact us for an assessment of available options.

Speak to one of our lawyers

Harald Sætermo