International Legal Issues Simulation

Legal & Ethical Issues Simulation

Contemporary Business Law

LAW 421 - Robert G. Lewandowski

March 24, 2014

What are the issues involved in resolving legal disputes in international transactions?

Companies doing business with each other must agree on ground rule that will govern legal disputes during international transactions. As viewed in the simulation, companies must agree on a rule of law that establishes the conditions for conducting business. They must also agree on a forum that will settle that dispute, whether it provides jurisdiction to one of the companies home country, both or is settled in international arbitration.

What are some practical considerations of taking legal action against a foreign business partner based in another country?

Some practical considerations when considering legal action against a foreign business partner:

Precedent - Does the sanctity of a contract stand and what can concessions do the partnership in the long term.

Brand Image - Legal action can lead to fracturing business relationships and the company’s public image to suffer.

What factors could work against CadMex's decision to grant sublicensing agreements?

In this particular simulation, 3 main factors can work against CadMex’s decision: Time, costs and ethical/cultural issues. CadMex would be looking at a substantial investment in both time and costs in ensuring quality standards of drugs produced by sub-licensees. On the other hand, as CadMex establishes work processes in a different country, it must find a way to align its own ethical guidelines with the host country’s existing ones.

When the local customs and laws conflict with the customs and laws of an organization operating abroad, which should prevail? Explain why.

At all times, a company conducting business abroad must ensure its policies do not discriminate for any reason. Company policy should provide for reasonable accommodations that protect the employee’s rights and beliefs. On the...