Limitation of claims in commercial contracts

Cases of late payment or breach of contract in commercial relationships are commonplace. However, when the parties are domiciled in different countries with different laws and time limits, the situation becomes complex.

Not only must the applicable law for the transaction be determined, but the time limits for the assertion and limitation of claims and rights to be enforced must also be taken into account.

A clear example can be found in cross-border commercial transactions between Spain and Germany. The general limitation period under German law is three years, while the general limitation period under Spanish law is five years.

This difference in the limitation period for claims can often lead to a claim becoming time-barred. If you have a claim or right against a German or Spanish company, do not hesitate to contact us to find out how you should proceed to avoid a limitation period.

Tell us about your case and we will inform you of the applicable time limits. Avoid time working against you!