Chasing unpaid fees

ITIC were notified by a ship agency member, based in Canada, that they were owed over CAD 70,000 from a local company.

The company were declared bankrupt and ITIC instructed lawyers to get the ship agent’s properly listed as a creditor.

There were other creditors, however, aspects of the agent’s debt took priority over many claimants and ITIC managed to recover CAD 42,998 on behalf of the ship agent.

The case shows the importance of ensuring that claims are properly filed in liquidations.