- April 25, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Small Shoe Business Agreement with Swedish Company
I am the owner of a small shoe business outside the EU and recently entered into an agreement with a Swedish company for retail activities in their country. Unfortunately, the Swedish company did not fulfill their obligations, resulting in significant financial losses for my business.
I decided to terminate the agreement and withheld payment for one month due to their failure to deliver on their promises. Now, the Swedish company is threatening to label me as a defaulter across Europe through their automated invoicing system.
### AI Legalese Decoder Can Help
If you are unsure about the legality of the threats made by the Swedish company, the AI Legalese Decoder can assist in deciphering complex legal language and providing you with an understanding of your rights and options in this situation.
It appears that the Swedish company may be exploiting your unfamiliarity with their system to pressure you into payment without attempting to resolve the issue amicably. It is essential to seek legal advice and understand your rights to protect your business interests in this dispute.
Please reach out for assistance and guidance on how to navigate this challenging situation.
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****** just grabbed a
IANA, nor the accountant.
Not sure about being marked across EU as defaulter (as most countries in EU don’t have such centralized systems in place, but could apply to some of them).
The way is not to simply not pay the invoice but to dispute it properly. Every contract should define how and where disputes are resolved – check your contract with them and proceed accordingly.