Ansan Law Firm Assistance Case | Assisting With a Price-of-Goods Suit and Obtaining a Full Award

The client is a business owner in the abalone trade.

The client ships abalone to trading companies and receives the price of goods in return.

One of those trading companies claimed that the abalone delivered this time had spoiled and stated that it could not pay the amount.

The client therefore requested assistance from the Ansan law firm in order to pursue a suit claiming the price of goods.

The Ansan law firm explained the 🔗price-of-goods suit.

A price-of-goods suit is a civil action that may be brought when goods have been delivered under a contract but the price for them has not been received within the deadline.

The extinctive prescription for a price-of-goods suit is three years.

The price of goods, which corresponds to the consideration for products sold, is subject to a short-term extinctive prescription.

For this reason, you should proceed with the suit promptly so that the nonpayment of the price of goods does not become prolonged.

■ Requirements for proceeding with a price-of-goods suit

1. The fact that a sales contract was formed

2. The fact that the subject matter was delivered

3. The fact that there was a fixed deadline for payment of the price and that the deadline has passed

You may proceed with a price-of-goods suit only when all three of the above requirements are met.

■ Methods for extending the extinctive prescription

As mentioned above, the extinctive prescription for a price-of-goods suit is not long.

The following methods are available to extend the extinctive prescription.

1. If a suit is filed and a judgment is obtained, the extinctive prescription is extended to ten years.

2. If you continue to send certified content-proof mail, the prescription period can be extended somewhat.

*Because circumstances may vary depending on the individual, if you wish to have your detailed situation reviewed, consulting an 🔗attorney can be helpful.

The client's abalone is delivered to the defendant by a charter-truck driver.

The Ansan law firm argued that the charter-truck driver had confirmed that there were no defects in the client's abalone.

The defendant unilaterally requested only a reduction in the amount, without knowing whether the spoiled abalone was the abalone supplied by the client.

The Ansan law firm argued that the client had only been told of the alleged defect in the abalone and had not been able to confirm it directly.

As the case dragged on, the client has been suffering the resulting harm.

The Ansan law firm emphasized that the client had suffered a loss because of the defendant.

The client was able to obtain a full award in the suit claiming the price of goods with the assistance of the Ansan attorney.

Because a price-of-goods suit has a short extinctive prescription and is a civil action with complex procedures, it is recommended to retain an attorney to proceed with the suit.

The Ansan attorney provides assistance throughout the entire process of a price-of-goods suit, from filing the complaint to conducting the trial and pursuing an appeal.

The attorney also analyzes the latest laws and precedents and provides a legal strategy favorable to the client.

If you wish to recover an amount through a price-of-goods suit, you are welcome to request assistance from an 🔗Ansan attorney at any time.