MEET MAREEX, MEET EXPERIENCE – MARGIN RECOVERY EXPERTS

Saving a SME from bankruptcy by contract renegotiation

To stay ahead of competition, a SME manufacturer accepted to design and build a very high performance pump for the Chemical Industry.  The pump faced performance issues  and the Customer claimed US$ 3 million as damages in addition to the total refund of advance payments, putting the manufacturer at risk of bankruptcy.

Alternative Dispute Resolution

MAREEX Consulting saved the manufacturer from bankruptcy by succeeding to renegotiate the sale order into a co-development contract.