Compliance With Foreign Law In The International Contract

A fundamental clause to include in your international contract is perhaps the one most missed: compliance with foreign law.  This clause, one of the smallest to boot, designates responsibility to each party to comply with the laws of their respective country. In general, one party is in charge of exactly that (compliance with foreign law) while the other retains a supervisory role with oversight over the subject matter.  For example, depending on the particular circumstances unique to each case, it is recommended that the compliance clause is drafted in such a way that the contract does not close until the party in charge of [...]

By |October 6th, 2015|Categories: Asset Protection|Tags: , , |
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