Analysis of risks in existing import and export contracts and development of a plan to minimize them
Project goal
To minimize legal and operational risks under foreign trade contracts of a large manufacturing and trading company, to ensure protection of interests in an unstable market and regulatory environment.
Main tasks
1. Analysis of current contracts:
- Identifying weaknesses in terms of delivery, payment, deadlines and force majeure
- Verification of compliance with currency, customs and tax legislation
- Evaluation of the legal consequences of breach of obligations
2. Risk assessment:
- Currency risks and exchange rate fluctuations
- Risks of non-delivery/delay/refusals
- Political and sanction restrictions (if applicable)
- Reputational and litigation risks
3. Preparing a plan to minimize:
- Recommendations for changing the terms of delivery and payments
- Development of templates for secure contractual structures
- Insurance and Reservation Terms
- Inclusion of force majeure, mediation and jurisdiction clauses
4. Communication with the client's team:
- Consultations with lawyers, procurement and logistics
- Support in negotiations with foreign counterparties
- Supporting the process of contract adjustments
Status:
The contracting process for the implementation of the proposed changes is underway.
