International Business Transactions
This course is about private international commercial law and practices, focusing on international business transactions encountered most frequently, such as the international sale of goods, the carriage of goods, international payments, and secured financing. In addition, the course will cover basic forms of establishing an overseas presence such as agency agreements, joint-ventures and wholly-owned subsidiaries along with international mergers and acquisitions. The course also covers the methods of settling international commercial disputes, including international litigation and arbitration and the enforcement thereof. The course also addresses in a limit manner, the legal problems associated with corrupt practices and sanctions. This course will not focus on International Trade or WTO practices although there may be limited cross over with these courses. Learning how international business transactions work in practice rests on a problem-oriented method, relying on the active participation and comparative perspectives of students with different international legal backgrounds and experiences.