International Contract Lawyer

Neufeld Legal P.C. - Christopher Neufeld
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INTERNATIONAL CONTRACT LAWYER

Critical to almost every foreign business transaction and commercial arrangement is the underlying contract that the parties negotiate and enter into, as it will shape the manner in which their ongoing commercial relationship will be conducted and issues resolved. As such, it is imperative that the appropriate contract be drafted, such that the true intentions of the parties are addressed and appropriate contractual measures are put in place to resolve problems and settle disputes, while dealing with the business and commercial differences associated with different nations.

For knowledgeable and experienced legal representation in negotiating, drafting and  reviewing business contracts, contact contract lawyer Christopher Neufeld at 416-887-9702 / 403-400-4092 or via email at Chris@LawyerContract.ca.

 

  International Agreement
Contracts should be made specific to the particular circumstances of the business arrangement, as opposed to simply attempting to rely on a generic template that is not designed to advance your company's financial interests, hence the significance of a contract lawyer drafting your foreign agreement.
Clauses often seen in such contracts might include some variant of:
"Purpose of Joint Venture Business
2.1 The business of the Joint Venture shall be to seek to establish the leading Internet provider in the Territory of comprehensive real time business news, financial programming and analytical tools, initially in the English language but thereafter also in other languages, in all cases under the brand name ***.com.
Commercial principles
2.2 Each of the parties shall so conduct itself and, so far as lies reasonably within its rights and powers of control which it is entitled to exercise (whether directly or indirectly) over the affairs of any other person, cause such other person or persons to conduct themselves, in good faith, so that: (i) the Business of the Joint Venture shall be conducted in the best interests of the Joint Venture in accordance with the general principles of the then current Business Plan and on sound commercial profit- making principles, so as to generate the maximum achievable profits available for distribution with any profits available for distribution in accordance with applicable law which are surplus to the funding requirements shown, in the draft Budget for the following Financial Year attached to the relevant Business Plan, being distributed to the A Shareholders, (ii) all third parties directly or indirectly under its control refrain from acting in a manner which hinders or prevents the Joint Venture and its Subsidiaries from carrying on the Business in a proper and reasonable manner, and (iii) no action is taken which is intended and does directly and materially disadvantage the Joint Venture (and, for the avoidance of doubt, it is agreed that editorial comment does not count as action which can constitute such material disadvantage)
."

Contract Lawyer Christopher Neufeld is a corporate commercial solicitor admitted to practice law in Alberta and Ontario (Canada) and New York (U.S.A.).  Christopher's legal practice focuses primarily on business law, in particular corporate commercial transactions and contract drafting and negotiations. Operating from Calgary [705 - 120 Silvercreek Close NW, Calgary, Alberta]; Toronto [1 Yonge Street, Suite 1801, Toronto, Ontario] and Burlington [719 Catalina Crescent, Burlington, Ontario]. For more information on international business transactions visit CanadaBusinessLawyer.com. © 2013.

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