International Business Transactions - LAWS9993
None
LLM SpecialisationThis course may be counted towards LLM specialisation in
Corporate and Commercial Law; Corporate, Commercial and Taxation Law; International Business and Economic Law.
Units of Credit: 8
Description
This is a â??how-toâ??, â??nuts and boltsâ?? course in international trade and investment transactions. This course looks at the basic legal steps inovlved in undertaking international trade transactions. It then proceeds to consider the step beyond trade, investment, and how it is typically conducted by companies between countries, how the transactions are structured, the potential risks that arise with them and how those risks can be overcome or managed.
Main Topics
1. Introduction to Course
2. Basic trade contracts and the meaning of common trade terms (f.o.b., c.i.f., etc)
3. An introduction to choice of law and choice of jurisdiction in international trade contracts (no materials â?? simply to be discussed in class).
4. The Vienna Convention on International Sale of Goods
5. Payment systems, including documentary credits and collections
6. The Various Ways of Doing Business Abroad:
- Agency
- Distributorship
- Acquisition
- Establishment of a Branch Office or
- Subsidiary
- Joint Ventures
- Licensing
- Franchising
7. Termination of Sales Agents and Distributors in Civil Law jurisdication
8. Joint Ventures in China.
9. Practical Problems Protecting Intellectual Property in Developing Countries: a case study.
10. Economic, Cultural and Environmental Impacts of Foreign Direct Investment.
11. Red Tape as an Obstacle to Growth in Poor Countries
12. The Effectiveness of Incentives for FDI
13. Expropriation Risk -- Role of ICSID and Bilateral Investment Treaties
14. Bribery and corruption in international business transactions.