Merchants often need a means in their daily transactions which guarantee their financial rights and obligate the indebted to pay its debts, and the most common means are cheques and trust receipts.
A trust receipt often has a legal idea which are known by specialists, by a trust receipt, someone delivers a sum of money to second one who delivers it to a third one. Even if this is rare, this idea remained the legal idea which condemns breach of trust which is represented in signing a trust receipt without paying this trust receipt, and it is worthy of mentioning that a trust receipt is a form of breach of trust.
A cheque is different from trust receipt because the Egyptian law protected the cheque which became one of the strongest documents which guarantee financial rights; the cheque delict has several forms (issuing a cheque without balance, dishonoring the cheque, issuing a forged cheque).
At KORAYEM LEGAL SERVICES, since our clients are mostly merchants, and company owners, this dictated that we acquire brad experience in this type of criminal lawsuits (cheques, trust receipts and what distinguishes us from others, is that we deal with these lawsuits routinely and constantly and differently.
