A Latin American manufacturing company suffered considerable losses after mission-critical machinery purchased in People Republic of China was damaged during transit to their country. After one year of fruitless negotiations, neither the carrier, nor the insurance company (one of the largest in China) agreed to take responsibility for the damage.
We assisted the company collect evidence, prepare a compelling case and file parallel lawsuits against the carrier and the insurance companies in their home jurisdictions. We also advised the company during settlement negotiations.
After sending a very clear message that the client was willing to “bring the fight to their backyard”, both the carrier and the insurance company agreed to settle the matter out of court and compensate the company for losses suffered.