24:601:505
International Commercial Arbitration (3)
When disputes arise in international commerce, arbitration is often the method of choice for resolving the matter. Not only is arbitration usually quicker and more economical, it also presents a significant advantage over litigation--by virtue of New York Convention, arbitral awards can be enforced abroad more easily than domestic court judgments. This course examines the intricate web of norms that governs agreements to arbitrate and the enforcement of arbitral awards. Another focus is on choice of law questions in international transactions. Special attention is given to the large number of decisions by the U.S. Supreme Court in these matters.
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24:601:630
International Business Transactions (3)
Surveys legal problems associated with cross-border commercial and financial transactions. Topics include cross-border agreements for the sale of goods (with emphasis on the Convention on the International Sale of Goods, the International Chamber of Commerce's INCOTERMS, and rules applicable to distributorships and sales agencies); project financing (including the International Chamber of Commerce's Uniform Customs and Practice for Documentary Credits and money laundering legislation); cross-border investment (using NAFTA'S investment rules as a blueprint for relevant issues); franchising, licensing, and international intellectual property protection; tax aspects of international transactions; and forms of dispute resolution used in cross-border agreements.
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