1.01 One of the problems of international business transactions is that when parties draft a contract, they cannot always be certain where litigation will take place. For this reason, a provision stating how and where disputes are to be resolved is a desirable feature of any international contract. Unless they know in advance what the forum will be, the parties cannot draft the contract in an appropriate way. Attaining predictability in this respect usually requires a choice-of-court agreement or an arbitration agreement. This book is concerned with the former. It...
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