Duties of International Freight Forwarders -46 CFR § 515.32
Freight forwarding is a critical component of the logistics industry, responsible for moving goods from one location to another. However, sometimes disputes arise during international freight forwarding and these disputes endanger the safe delivery of goods. Freight forwarders are obligated by law, through the Federal Maritime Commission (FMC), to act fairly and...
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Section 1782 for International Arbitration
Recently, the United States Supreme Court made a significant ruling that impacts parties in strictly private foreign or international arbitrations seeking to obtain discovery by using Section 1782. In a unanimous decision, the Supreme Court held that Section 1782 does not apply to parties in private foreign or international arbitrations. This decision...
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Essentials of International Arbitration in Joint Venture Agreements
Businesses aiming to expand their reach outside their home territory need to consider the legal and practical aspects of forming international partnerships. One key aspect is the formation of a joint venture agreement between the partners. While traditional court-based litigation systems are available for disputes, they work differently in an international context....
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The significance of Bilateral Investment Treaty in Resolving International Disputes
Are you familiar with Bilateral Investment Treaty, or BIT? This is an agreement signed between two countries to promote and protect investments made by their respective companies within each other's territories. These treaties play a vital role in creating a favorable investment climate, a stable framework for investors, and most importantly, resolving...
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Vicarious Liability in International Law
The law mandates holding someone accountable whenever there is a legal claim for personal injury or property damages. The question is what happens when the person who causes the harm cannot be held responsible for their actions? This is where vicarious liability comes in. It is a legal doctrine that holds...
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International Joint Venture v. International Partnership – What’s the Difference?
In today's global economy, forming alliances with foreign businesses is inevitable. Cross-border collaborations are a key strategy for business expansion and diversification. However, before signing any agreements, it is essential to understand the differences between an International Joint Venture (IJV) and an International Partnership (IP).
Businesses commonly use an...
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How Oil and Gas Investment Disputes Occur: A Comprehensive Guide
The oil and gas industry is one of the most lucrative and sought-after industries in the world. However, investing in this industry comes with its own set of risks. One of the most significant risks is investing in a project that results in a dispute or legal battle. Oil and gas...
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How to Find an International Business Partner
Please note Transnational Matters PLLC is a law firm, offering legal services to investors, businesses, and other entities. Transnational Matters law firm cannot invest nor partner with any business.
International business partnerships are crucial in today's global economy. By partnering with companies from different countries,...
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What Can Go Wrong With an International Business Partner?
Having an international business partner can be a great opportunity for your business, but it also comes with its own unique challenges and risks. Here are some potential things that can go wrong if you have an international business partner:
Cultural differences: Different cultures have different...
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International Mediation: How Does It Really Work?
Unveiling Global Mediation Practices: A Comprehensive Guide
Mediation has emerged as a powerful tool for resolving conflicts across the globe, transcending borders and cultures.
As the world becomes increasingly interconnected, understanding the diverse landscape of mediation practices is crucial for professionals, organizations, and...
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