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Commercial Law (Wirtschaftsrecht)
1) Business Law (Wirtschaftsprivatrecht)
2) Regulatory Law (Wirtschaftsverwaltungsrecht)
Private Law=Civil Law
Contracts: Main Issues
Business Law: Main Areas
Regulatory Law: Examples of Areas
The Role of the Law in Business
Solutions to Legal Disputes
Business Activities Examples
Role of the Law in Business
1) Awareness
2) Compliance
Public International Law
International Business Law
International Business Law - Main Areas
Cross Border Transactions
"Business" in IBT:
1) Goods & Assets
2) Energy
3) Construction Work
4) Financial Products or Services
5) Intellectual Property Rights
6) Shares in a company
1) b2b contracts
2) b2c contracts
Choice of Law
Absence of Choice of Law in Business Contract
Private International Law: Germany
1) EGBGB
2) Rome I Regulation (EU)
Application of Domestic Law
Domestic Law and Choice of Law
Transfer of Ownership
Managing International Transactions
1) Advisors
2) Engagement Letter
3) "Beauty Contest"
Features of an International Sale
International Treaty: CISG
(Convention on International Sale of Goods)
CISG: Transformation into National Law
Terminology on Contracts
Essential Contens of CISG
Applicability of CISG to a Sales Contract
Application without Express Agreement (1)
Application without Express Agreement (2)
Applicability: Flexible and Not Exhaustive
Formation of Contract: General
Formation of Contract: Battle of Forms
Formation of Contract: Battle of Forms - Legal Options
1) No Contract Rule
2) Last Shot Rule
3) Knock Out Rule
Formation of Contract: Battle of Forms - The Law
Remedies: Overview
1) Remedies Definition
2) Breaches Examples
3) Negligence of seller
Remedies: Types
Remedies:
Each of the above remedies applies, if (i)____ and (ii)____ and (iii)____.
Remedies: Exclusion
Remedies vs. „Risk of Damage or Loss"
1) Definition
2) If buyer bears risk
3) If seller bears risk
Remedies vs. „Risk of Damage or Loss"
When does risk pass to buyer?
Remedies vs. „Risk of Damage or Loss"
1) Remedies apply if...
2) Remedies apply even though...
Excuses for Non-Performance
1) Basic Rule
2) Exception
Incoterms
Incoterms Contents
1) Shipment
2) Customs
3) Insurance
4) Risk
Applicability of Incoterms
Definitions
1) Terminal
2) Pier
Structure of Incoterms
E-F-C-D
Most frequently used Incoterms (1)
EXW = Ex Works
Most frequently used Incoterms (2)
FOB = Free On Board
Most frequently used Incoterms (3)
DDP = Delivered Duty Paid
CISG
International Jurisdiction of Courts
Liability of Carriers for Losses of or Damage to Cargo
Maritime Transport: Bill of Lading
Customary Types of Payment in Business Transactions
1) Standard
2) Exception
3) Combination
4) Reason
5) Method
Letter of Credit (LoC) (1)
=Akkreditiv
Letter of Credit (LoC) (2)
1) Time of Payment
2) Reimbursement
3) Risk
Letter of Credit (LoC)
- Untrustworthy Bank
UCP 600 (2007)
Uniform Customs and Practice for Documentary Credits
Arbitration
Arbitration - Applicable Law
1) Law for the arbitration procedure
2) Material law that is underlying the dispute
Rationale for Arbitration in International Business (I)
Rationale for Arbitration in International Business (II)
Distribution:
International Sales - Obstacles
International Distribution - Intermediaries
1) Commercial agents
2) Distributors (dealers)
Intellectual Property - Trademarks
1) Definition
2) Ownership I
Intellectual Property - Trademarks
3) Ownership II
Trademarks: Legal Issues
1) Regulatory restrictions
2) Priority Principle
3) Cancellation of trademark
International Trademark Registration - General
International Trademark Registration - Madrid System
Trademarks: International registration - CTM
Trademarks: License