IF IT DOESN’T HELP, IT DOESN’T HURT!
Our recourse actions take place on a ‘No Cure, No Pay’ basis, which means that we only charge you our (extrajudicial) costs in the event of a (wholly or partially) successful recovery action – i.e. 10% of the actual amount recovered, excluding VAT. We do not charge office costs. We also try to recover our own extrajudicial costs for you from the liable party. In the unlikely event that we do not recover any damage from the counterparty, we shall charge you nothing. You can therefore interpret our recourse actions within the framework of: ‘If it doesn’t help, then it doesn’t hurt!’
No Cure, No Pay also ensures that you always have insight into your maximum costs for recourse by MARELEX.
If you wish, it is also possible for our fee to be determined on the basis of the hours spent multiplied by the agreed, or in the absence thereof, the usual hourly rate. Contact us for questions about our usual (basic) hourly rate.
EXAMPLE OF NO CURE, NO PAY
You have suffered damage to your shipment of fruit due to an incorrect reefer setting during transport. Your damage amounts to EUR 50,000.00.
If MARELEX recovers the entire damage from the other party, you will earn back approximately EUR 43,950.00 after deduction of our costs.
If we succeed in recovering our costs, you will earn back the full EUR 50,000.00!