What are INCOTERMS, and How Important are They in International Contracts? As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some
High-Quality Dispute Resolution Clauses With sushi restaurants, it’s the yellowfin. With new houses, it’s the windows. With international contracts, it’s the dispute resolution provision. The “it” I am talking about is the easiest, fastest, most accurate way to judge whether something is good or not. For international contracts, I head straight to the dispute resolution
As lawyers, we field a wide range of questions—from the straightforward to the deeply complex. We’re often expected to be oracle-level wizards, much like how people now view AI. In this “Quick Question Tuesday series, we’ll share some of these intriguing questions along with our answers. For longtime China Law Blog readers, this “Quick Question
Introduction I am an international transactions lawyer. I frequently handle the initial stages of transactions and often find myself negotiating with parties who do not have legal representation. In these scenarios, I am trying to put together the easiest and most streamlined contract that the counterparty will be comfortable with. This work requires a deep
An International Law Checklist — The Top 8 Every so often, clients or potential clients inquire about the essential legal considerations for operating successfully in a foreign country. Every country has its own legal requirements that can trip up companies that seek to do business there. The below checklist is intended to be an initial
Doing Business Overseas We international lawyers often get inquiries from companies eager to establish a subsidiary or other entity abroad. This is one of the most exciting but daunting prospects for a company more accustomed to domestic laws, regulations, financiers, and business partners. In this post, I will briefly look at the key things to
Dispute Resolution Provisions Imagine losing millions of dollars because your contract did not properly specify how to handle a dispute. One of the most crucial, yet often overlooked, aspects of international contract drafting is dispute resolution. This is not a mere formality; it is essential for protecting your business interests. It is important to use
Disposable Aluminum Containers, Pans, and Trays from China On May 16, 2024, antidumping (AD) and countervailing duty (CVD) petitions were filed against imports of Disposable Aluminum Containers, Pans, and Trays from the People’s Republic of China. The petitions were filed by the Aluminum Foil Container Manufacturers Association, consisting of Durable Packaging International, D&Q Fine pack,
A successful friend once encouraged me to reach out and connect with successful people who are doing what I want to be doing. He said that when many people reach the pinnacle of their careers, they want to help the next generation of promising leaders. That advice stuck with me, mainly because I tested that
Cutting Legal Corners in Emerging Markets Introduction It can be tempting to take shortcuts to expedite processes or reduce costs in an emerging market country. But these shortcuts often lead to legal and reputational risks that can have severe consequences for your business. Despite assurances (usually given to you by your local employee/fixer/partner) that your
