{"id":266,"date":"2022-10-05T21:51:00","date_gmt":"2022-10-05T21:51:00","guid":{"rendered":"https:\/\/tolesitalia.com\/?p=266"},"modified":"2022-10-05T19:32:42","modified_gmt":"2022-10-05T19:32:42","slug":"payment-clauses-retention-of-title","status":"publish","type":"post","link":"https:\/\/tolesitalia.com\/?p=266","title":{"rendered":"Payment Clauses &#038; Retention of Title"},"content":{"rendered":"\n<div class=\"wp-block-media-text alignwide is-stacked-on-mobile\"><figure class=\"wp-block-media-text__media\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/i0.wp.com\/tolesitalia.com\/wp-content\/uploads\/2022\/05\/Machines-of-the-mill.jpg?resize=1024%2C683&#038;ssl=1\" alt=\"\" class=\"wp-image-267 size-full\" srcset=\"https:\/\/i0.wp.com\/tolesitalia.com\/wp-content\/uploads\/2022\/05\/Machines-of-the-mill.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/tolesitalia.com\/wp-content\/uploads\/2022\/05\/Machines-of-the-mill.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/tolesitalia.com\/wp-content\/uploads\/2022\/05\/Machines-of-the-mill.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/tolesitalia.com\/wp-content\/uploads\/2022\/05\/Machines-of-the-mill.jpg?w=1080&amp;ssl=1 1080w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">This course deals with one of the most important topics found in commercial contracts, namely the <strong>payment <\/strong>and  <strong>transfer of ownership<\/strong> of the goods sold under the agreement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\"><\/p>\n<\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">This module focuses on a <strong>cross-border contrac<\/strong>t for the sale of goods. In our example, the Seller is Italian and a buyer is English. The contract between them will say when the buyer must pay for the goods and the <strong>consequences of late payment.<\/strong> Another important aspect of the agreement we will focus on is at what time does the buyer become the<strong> legal owner <\/strong>of the goods. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">This module also introduces<strong> how negotiating parties <\/strong>prepare heads of terms and the use of <strong>templates in contract drafting.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">At the end of this course in English for lawyers, you will know more about:<\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:15px\"><li>how parties <strong>negotiate a commercial contra<\/strong>ct and prepare <strong>heads of terms<\/strong><\/li><li>the idea of just in time <strong>supply chains,<\/strong> <strong>credit terms<\/strong> between parties,<strong> invoicing<\/strong> and when the time for payment starts<\/li><li>the use of <strong>contract templates<\/strong> to draw up final agreements between parties<\/li><li><strong>calendar days<\/strong> and <strong>business days<\/strong> as defined terms in contracts and the legal concept of the term &#8216;<strong>time is of the essence<\/strong>&#8216;<\/li><li>the difference between <strong>operative provisions<\/strong> and <strong>boilerplate clauses<\/strong><\/li><li>interest as a <strong>penalty for late payment <\/strong>and how it is calculated<\/li><li>the <strong>London Interbank Offered Rate (LIBOR) <\/strong>and how it is being phased out <\/li><li>preventing any <strong>set off<\/strong> in payment clauses<\/li><li><strong>termination <\/strong>for <strong>late payment<\/strong> and the concept of <strong>material breach<\/strong> as opposed to a <strong>minor<\/strong> breach<\/li><li><strong>retention of title clauses<\/strong> and how they work in <strong>insolvency <\/strong>of a buyer <\/li><li>the recovery of goods under a retention of title clause and <strong>trigger events;<\/strong> role of the <strong>receiver<\/strong><\/li><li>key essential legal terms for practising commercial law at an international level<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">This module is also an excellent base for any international lawyer or law student who plans to take the SQE. Where English is not your first language, this course contains vocabulary, grammar and legal concepts that will help you with your <strong>SQE studies.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Course Details<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">Dates: 2 December 2022<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">Time: 14:30-18:30 (CET)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">Total hours: 4<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">Live on Line: <strong><em>Sofia Parastatidou (International Lawyer &amp; Author)<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">Cost: \u00a3199 per person (Group Prices; minimum 6 persons)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">Individual lessons: Separately quoted.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">Course will be taught in English<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">All participants will receive a Certificate of Attendance<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:15px\">Email: <strong><em>info@britishlawacademy.com <\/em><\/strong>for further details or enrolment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This course deals with one of the most important topics found in commercial contracts, namely the payment and transfer of ownership of the goods sold under the agreement. This module focuses on a cross-border contract for the sale of goods. In our example, the Seller is Italian and a buyer is English. The contract between [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1014,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[21,11,10,27,29,30,31,25,6,7,19,20,18,36,15,16,39,23,9,22,24,17,13,32,12,14,33,34,35,8,28],"class_list":["post-266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-certificate-course","tag-advanced","tag-britishlawacademy","tag-britishlegal","tag-britishlegalcentre","tag-cambridgelawoffice","tag-cambridgelawstudio","tag-catherinemason","tag-cle","tag-contracts","tag-draftingcontracts","tag-foundation","tag-higher","tag-illuminati","tag-ilsmilan","tag-imparaingleselegale","tag-ingleselegale","tag-justiceforjohhny","tag-legaldrafting","tag-legalenglish","tag-legalwriting","tag-onlinelearning","tag-onlinelegalenglish","tag-qlts","tag-richardbrady","tag-sqe","tag-sra","tag-teamdepp","tag-teamheard","tag-teamjohnnydepp","tag-toles","tag-toleslegal"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tolesitalia.com\/wp-content\/uploads\/2022\/10\/rhc5ar0mfke.jpg?fit=901%2C1200&ssl=1","_links":{"self":[{"href":"https:\/\/tolesitalia.com\/index.php?rest_route=\/wp\/v2\/posts\/266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tolesitalia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tolesitalia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tolesitalia.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tolesitalia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=266"}],"version-history":[{"count":5,"href":"https:\/\/tolesitalia.com\/index.php?rest_route=\/wp\/v2\/posts\/266\/revisions"}],"predecessor-version":[{"id":1013,"href":"https:\/\/tolesitalia.com\/index.php?rest_route=\/wp\/v2\/posts\/266\/revisions\/1013"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tolesitalia.com\/index.php?rest_route=\/wp\/v2\/media\/1014"}],"wp:attachment":[{"href":"https:\/\/tolesitalia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tolesitalia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tolesitalia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}