This resource is an invaluable tool for practitioners and students who wish to understand and prepare for the main issues they will face when dealing with international contracts.
With increasing globalization, multinational agreements are becoming a common practice for most traders. However, international contracts remain a difficult and mysterious subject for business people as well as their lawyers. This updated edition provides insights into the basic requirements of a well-drafted contract and covers, among other things:
• The choice of the applicable law
• The choice of jurisdiction
• International arbitration
• The use of more international drafting techniques
• Hardship, force majeure and liquidated damages
As an added feature, this volume analyzes in depth the negotiating process. It provides incisive commentary on the model contracts developed by the International Chamber of Commerce (ICC), the 2012 ICC Rules on Arbitration, Incoterms® 2010 and Unidroit Principles 2010.
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