Monthly Archives: May 2011

European Order for Payment pursuant to Regulation No 1896/2006 of the European Parliament and of the Council of 12th December 2006

Reasons for introduction of the order for payment procedure This procedure will make it possible for the creditor to claim his undisputed takings against debtors in all EU-member countries where the Regulation applies. The implementation of such legal procedure in the law systems of the European countries enables creditors to avoid the complex and differing from...

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