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A US supplier my UK business used terminated the distrubution agreement and refused to take back their stock to credit invoices. They use a factoring service with Exim bank so now the debt is with Exim bank who have now passed this onto Global Debt Recovery. They are emailing, calling and now messaging through our business page on facebook. My business has paid 10% of the overall amount owed. They are now requesting the rest. However, the distribution agreement is governed by the laws of California USA.
My question is - can they chase my company for money in the UK when the agreement although terminated is governed by the laws of California? Or can Global Debt Recovery (based in Arizona) sell the debt to a UK debt collection agency? Is the business protected as we are in the UK and they are in the USA?
Thanks for your help
My question is - can they chase my company for money in the UK when the agreement although terminated is governed by the laws of California? Or can Global Debt Recovery (based in Arizona) sell the debt to a UK debt collection agency? Is the business protected as we are in the UK and they are in the USA?
Thanks for your help
