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About the Course
Introduction
This CLE course will guide counsel to companies doing business internationally on key considerations when structuring international contracts. The panel will discuss core contract provisions and offer strategies for addressing and minimizing the risks inherent to international business dealings.
Description
For U.S. companies, the international marketplace offers potential for profitable markets. In exchange for such opportunities, however, companies should expect a broad array of risks and performance challenges to which they have previously been unexposed.
In light of the pandemic and the international supply chain disruptions, companies and counsel have a heightened awareness of the importance of contract terms as many manufacturers and suppliers overseas are operating at below capacity. Careful consideration should be paid to remedies when parties cannot meet contractual obligations due to the suspension of activities caused by the pandemic or otherwise.
Lawyers responsible for drafting and negotiating contracts that minimize their clients' exposure abroad need to consider unique obstacles encountered when operating overseas.
Listen as our panel of experienced international trade attorneys discusses the legal risks that are peculiar to international contracting, and the key contract provisions that mitigate these risks and position businesses for success overseas. In doing so, our panelists will leverage their extensive experience abroad and reference instances in which their effective lawyering led to international commercial success for their clients.
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Live Online
On Demand
Date + Time
- event
Wednesday, June 22, 2022
- schedule
1:00 p.m. ET./10:00 a.m. PT
- Primary risks
- Nonpayment
- Nondelivery
- Performance bonds
- Liquidated damages
- Nonperformance
- Violation of U.S. laws and regulations
- Offsets
- Tax liability
- Enforcement and collection
- Key provisions
- Payment terms
- Delivery/acceptance
- Performance bonds
- Customer support
- Compliance with U.S. laws and regulations
- Offsets (direct vs. indirect)
- Tax requirements
- Territorial limitations
- Dispute resolution
- Jurisdiction
- Bases of termination
- Exclusivity
- Intellectual property
- Restrictive covenants
- Nonassignment
- Indemnification
- Structuring strategies
- The long-term contract vision
- Joint ventures
- Local subsidiaries
- In-country support
- In-country cooperation vehicles
The panel will review these and other key issues:
- What are the unique challenges presented by international business transactions that impact the structure of the international agreement?
- What are the essential contract provisions to consider when negotiating an international agreement?
- What strategies should be employed when structuring an international agreement?
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