Maître Emmanuel GILI
An innovative process, a proven method
Confidence is crucial in the business world and especially in sourcing operations in the timber industry.
The brokerage of raw materials often involves large funds, the security of which is essential.
In order to secure wood purchases from Bois Etik and Courtage Solution Bois partners, Gili Law Firm provides clients wishing to acquire raw materials via Bois Etik and Courtage Solution Bois with a secure escrow alternative.
The escrow is an ancestral process in France, registered in the Civil Code since its creation in 1804.
The method is simple :
1/ The law firm is appointed receiver of the funds paid by the buyer.
The agreement defines the parties, the sums sequestered, the conditions and modalities of release of funds, and the modalities of restitution of funds.
2/ The depositor places the agreed sum in the hands of the receiver, who deposits it in an account officially registered with the Bar Association, identified and known to the parties.
3 / The receiver carries out his mandate by paying all or part of the sums sequestered, in accordance with the orders he receives from the principal.
He reports to both companies.
4 / Once the sums have been paid and his mission completed, he issues a receipt to the parties and, if applicable, pays the balance to the depositor.
Simplicity, transparency, security, and speed: this is how we contribute to the confidence and fluidity of commerce.