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Deciding which jurisdiction's law to apply to unforeseen disputes has always been a major consideration when negotiating international commercial agreements. With the increasing globalization of commerce, it is even more important to designate a choice of law that will hold up in court. Parties should take into account policy considerations, international law and forum selection clauses when negotiating such provisions.
February 20, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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