Drafting International Contracts: An Analysis of Contract Clauses

A must-have resource for anyone working in international business, a straightforward, easy-to-use tool featuring all the latest trends and developments:-

• Summary of 25 years (1975-2000) of meetings and discussions of the International Contracts Working Group, comprised of professional lawyers, corporate counsel, and academics
• Systematic analysis of the main clauses present in international contracts
• Formalization of international contract practice
• Complete image or what the drafting of an international contract is or should be in the 21st century
• Based on the large samples and actual clauses taken from the files and personal experience of participants
• Abundant quotations of actual clauses, with critical assessments
• Understand how international contracts are drafted in practice
• Leads to dynamic conception of contract law

Key Terms Defined:

• Letters of intent, Memorandums of understanding
• Recitals
• No oral modifications and Non-renunciation clauses
• Best efforts
• Penalty clauses and Liquidated damages
• Exemption and limitation of liability clauses
• Force majeure
• Hardship
• Most-favored customer, First refusal clauses