Obviously, this article is but an introduction to some of the issues that arise in international transactions. My primary purpose here is not to educate you about such transactions, but to inform you of their possible complexity and to encourage you to get legal representation in doing the deal. As briefly shown above, contract requirements and acceptable terms in international transactions may be completely different from what the client is used to in transactions within the United States.
As I have said elsewhere “Good legal contracts are like shoes: One size does not fit all and one pair is not suitable for every occasion.” A good contract is informed by the knowledge and experience of the business client together with its business law attorney, and is tailored to the client’s typical transaction. This admonition and advice applies to international contracts as well – perhaps more so, given the probable larger size of the transaction and the downside risk of “being nowhere” if the contract is not properly drawn.
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