ICC – JURISDICTION
April 1st, 2003
BY KEITH NUTHALLGLOBAL trade is being hampered by uncertainty amongst large companies over which national courts might hear a case regarding a contested contract, according to a International Chamber of Commerce (ICC) survey.The world business group found that 40 per cent of 100 - unnamed - companies said that they had been "dissuaded from going ahead with international contracts" because of such concerns.Its paper has been given to officials drafting a proposed Hague Convention on Jurisdiction and Recognition and Enforcement of Foreign Judgments in Civil and ...
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