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Transportation Brief: Collections During COVID and Beyond – Protecting Your Warehouse

by Kevin  M. Phillips, Michael  D. Reed

August 25, 2021

During the height of the pandemic, businesses, including warehouses, were presented with a new world of challenges. One such challenge present before and during the pandemic is collections. The good news is that warehouses can take certain actions to be better positioned to handle this age-old problem. One way to counter this assertion to offset money owed to the warehouse company is to eliminate it from the warehouse contract language and include a provision requiring payment in full regardless of any outstanding or unresolved claims. By including more favorable provisions in a warehouse’s storage agreement or terms and conditions, warehouse companies may decrease assertions from customers requesting a right to offset money owed, thus allowing business to thrive.


 


Scopelitis’ Transportation Brief® is intended as a report to our clients and friends on developments affecting the transportation industry. The published material does not constitute an exhaustive legal study and should not be regarded or relied upon as individual legal advice or opinion.

 

 
 
 
 
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