PRAGNUM assisted in recovering the client’s property unpaid by the buyer

Our regular client, which is one of the world's largest distributors of agricultural machinery, sold combines and other equipment to farmers with a small initial payment and installments for the rest of the payment. The client understood that in the conditions of the financial crisis, Ukrainian farmers receive income only in certain seasons and cannot always sell agricultural products. That is why he provided the equipment to buyers immediately, and received full payment after a significant period of time.

One of the buyers purchased two combines and several reapers for them. Without making further payments, the buyer transported the purchased equipment to an unknown destination. The client won the case in court, but received neither money nor equipment. The executors had no possibility to enforce the court decision since the debtor did not have any funds or real estate, and they could not find the equipment in the fields.

The lawyers of PRAGNUM decided to change the strategy and move from civil to criminal sphere. We filed and registered a statement of commission of a crime in the shortest possible time. The series of petitions allowed to obtain a decision on the seizure of the equipment sold by the client. Later, in cooperation with professional "searchers", the equipment was found and, together with the police officers, seized from the unscrupulous debtor.

As a result, we managed to recover the client’s equipment, which was in fact stolen. Further the client managed to sell it and receive the corresponding funds. The debtor became a defendant in criminal proceedings and is awaiting a court verdict.

This case highlights that when concluding contracts and selling goods without receiving full advance payment, you need to be very careful with the choice of counterparty. Savings at the initial stage can result in significant costs, or even the complete impossibility of returning your own property. Therefore, we advise you to use the services of professionals in a timely manner. We will help secure your business and warn against fraudsters.