Yes, of course. As there should be.<\/p>\n
I\u2019ve noticed that American and German companies have a very long reach. They somehow manage to get to their debtors, even those that have decamped from their original address \/ cities \/ countries.<\/p>\n
PS: I’m reminded of IBYO incident in Germany. IBYO is what we’d call a “coworking space” now but, at the time – late 1990s – it was called a “business center”. My employer at the time (let’s call it LSR) had contracted for office space at IBYO, which I occupied when I was working in LSR Germany. When I was there, we had paid all bills on time. Then I left LSR and joined another company in Germany (let’s call it LTZ). I moved out of IBYO. I lost touch with both IBYO and LSR. A couple of years later, I got promoted and transferred to LTZ’s HQ in Pune, India. In circa 2005, I saw a letter in the letterbox of my Pune apartment. It was a legal notice from a law firm in Germany. It mentioned that, consequent to filing for bankruptcy earlier that year, IBYO had gone into administration. This was nearly 5 years after I exited IBYO. This law firm was appointed as the Administrator. It was following up for all outstandings of IBYO i.e. monies owed to IBYO. Apparently, there was a small bill of few hundred Euros not settled by LSR Germany and the Administrator was following up for it. It caught me since I was registered as the CEO of LSR Germany. Remember, when I left IBYO, I did not move back to India. When I finally moved back to India two years later, I was not in touch with IBYO. Still its Administrator was able to find out my address in India three years later and direct the legal notice to me. That’s what I mean by long reach of American and German companies!<\/p>\n","protected":false},"excerpt":{"rendered":"
Yes, of course. As there should be. At the minimum, you should expect to face a breach of contract lawsuit. In all likelihood, you should also expect to be chased…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3722,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4582","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/sketharaman.com\/blog\/wp-json\/wp\/v2\/pages\/4582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sketharaman.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sketharaman.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sketharaman.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sketharaman.com\/blog\/wp-json\/wp\/v2\/comments?post=4582"}],"version-history":[{"count":0,"href":"https:\/\/sketharaman.com\/blog\/wp-json\/wp\/v2\/pages\/4582\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/sketharaman.com\/blog\/wp-json\/wp\/v2\/pages\/3722"}],"wp:attachment":[{"href":"https:\/\/sketharaman.com\/blog\/wp-json\/wp\/v2\/media?parent=4582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}