Slide 0Slide 1Bases for Legal SystemsSlide 3Slide 4International Dispute ResolutionDeterrents to LitigationSlide 7Commercial Law Within CountriesU.S. Laws Apply in Host CountriesSlide 10The International Legal EnvironmentPlaying By The RulesChapter74Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. Bases for Legal SystemsCommon LawCommon LawCivil or Code LawCivil or Code LawIslamic LawIslamic LawSocialist LawSocialist LawIrwin/McGraw-Hill7-24Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. Legal Dispute SituationsBetween GovernmentsBetween GovernmentsBetween Companies and GovernmentsBetween Companies and GovernmentsBetween CompaniesBetween CompaniesIrwin/McGraw-Hill7-34Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. Jurisdictional Clauses Included In ContractLocation of Contract AgreementLocation of Contract PerformanceDetermination of Legal JurisdictionIrwin/McGraw-Hill7-44Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. International Dispute Resolution Conciliation or Mediation Arbitration Arbitration Centers Arbitration Clauses Enforcement of Arbitration LitigationIrwin/McGraw-Hill7-54Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. Deterrents to Litigation● Fear of creating a poor image and damaging public relations● Fear of unfair treatment in a foreign court● Difficulty in collecting a judgment that may otherwise have been collected in a mutually agreed settlement through arbitration● The relatively high cost and time required when bringing legal action● Loss of confidentialityIrwin/McGraw-Hill7-64Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. Irwin/McGraw-HillInternational Conventions Designed for Mutual Recognition and Protection of Intellectual Property Rights7-71. The Paris Convention for the Protection of Industrial Property, commonly referred to as the Paris Convention, includes the United States and 100 other countries.2. The Inter-American Convention includes most of the Latin American nations and the United States.3. The Madrid Agreement, which established the Bureau of International Registration of Trademark, includes 26 European counties.4Copyright © 2002 by The McGraw-Hill Companies, Inc. A ll rights reserved. Commercial Law Within CountriesMarketing LawsMarketing LawsGreen Marketing LegislationGreen Marketing LegislationAntitrustAntitrustIrwin/McGraw-Hill7-84Copyright © 2002 by The McGraw-Hill Companies, Inc. A ll rights reserved. U.S. Laws Apply in Host CountriesForeign Corrupt Practices ActForeign Corrupt Practices ActNational Security LawsNational Security LawsAntitrust LawsAntitrust LawsAntiboycott LawAntiboycott LawExtraterritoriality of U.S. LawsExtraterritoriality of U.S. LawsIrwin/McGraw-Hill7-94Copyright © 2002 by The McGraw-Hill Companies, Inc. A ll rights reserved. Irwin/McGraw-HillCyber law: Unresolved Issues● Domain Names▼ Registration In Each Country▼ Cybersquatters● Taxes On E-Commerce● Evolution Of Cyber