International Transactions

Securing Payment to Make the Deal

 
     
 
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International Commercial Transactions

Clients may be brokers importing overseas goods or customers importing for their own use. Certain documents are important in these transactions, such as Mutual Non-Disclosure, Non-Compete Agreements and Sales and Purchase Agreements.

Unlike enforcing contracts between parties located in United States, one party to the contract may be in a foreign country and the other in the United States. If the supplier provides the goods to the buyer, but the buyer's check bounces or the buyer refuses to pay because the goods are not exactly as ordered, what is to be done?


International transactions often need documentary letters of credit or standby letters of credit to assure payment to the seller after the seller has fully performed. Arbitration clauses may be important.



 

 

 

 

 

 
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