Exam 3: Resolving International Commercial Disputes

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Choice of forum clauses fix in advance where the case will be heard by contract.

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True

The disadvantages of arbitration include: I.Limited Discovery II.Limited Rights to Appeal

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D

DownPillow,Inc.,a U.S.company,and Eiderhoff,a German Company,negotiate a contract with forum and choice of law clauses for the U.S.A dispute arises,the case is heard in the U.S.,and a judgment is given to DownPillow.DownPillow wants to enforce this judgment in Germany.According to the above scenario,which of the following statements is true?

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C

Zapata,a Texas Corporation,entered into a contract with Unterweser,a German corporation,to tow Zapata's drilling rig from Louisiana to Italy.A storm arose and Zapata told Unterweser to tow the rig into Tampa,Florida.Zapata immediately filed a lawsuit in Florida against Unterweser for damages to the rig.The original contract called for "Any dispute must be heard before the London Court of Justice." The U.S.Supreme Court held that:

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In an arbitration agreement,the parties may choose to restrict the arbitrator's powers or let the arbitrator decide what is equitable and good.

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One popular form of dispute settlement is arbitration.This is defined as:

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Consider the benefits and detriments of ADR in international disputes.(Consider the effect of the process on the parties.)

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Two of the disadvantages of arbitration are the increase in time to hear a dispute and the expense of the hearing.

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A global economy cannot function unless business people know that contracts are enforceable and the appropriate remedy can be achieved.

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When determining whether personal jurisdiction offends "traditional notions of fair play and substantial justice," the court evaluates several factors,including:

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ADR refers to:

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Draft an international treaty pertaining to jurisdiction with respect to companies doing business utilizing the Internet.

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The realities of international marketplace and the recognition of the importance reducing uncertainty have persuaded many courts: I.To accept choice of law and forum clauses in international contracts II.To require mandatory arbitration clauses in international contracts

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Compare and contrast the evidentiary rules of the U.S.with those of other nations.Which are more favorable to the plaintiff? Less favorable?

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What is the requirement for a federal court to have personal and subject matter jurisdiction?

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Under the Full Faith and Credit Clause of the U.S.Constitution,a decision by a New York court will be enforced by a New Jersey court.

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In the Fallhowe v.Hilton Worldwide case,the U.S.court granted the dismissal motion filed by defendant Hilton Worldwide on the basis ofform non conveniens.

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Craft an argument advocating for or against the creation of an international tribunal to address international commercial disputes between individuals.

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A U.S.court might refuse to enforce a Libyan court judgment where there is a lack of "due process" under the Fifth Amendment.

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Many factors must be considered in choosing binding arbitration.All of the following should be considered except:

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