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Governing Law Risks in International Business Transactions

Philip R Wood author

Format:Hardback

Publisher:Oxford University Press

Published:16th Dec '22

Should be back in stock very soon

Governing Law Risks in International Business Transactions cover

This book describes the key advantages and risks involved in the choice of law governing international business and financial transactions, plus the accompanying choice of courts. Beginning with an analysis of the role of law in social infrastructure, the work outlines the economic value and power of governing law. It concentrates predominantly on financial, corporate, commercial, and insolvency law across a vast comparative basis, discussing how legal risk can be reduced through careful choice of law and courts. In Governing Law Risks in International Business Transactions, Philip R. Wood proposes 70 key indicators to rank the England, New York, France, and German legal systems plus many other jurisdictions on 13 risk tests. These include contract predictability, business orientation, freedom of contract, insolvency regimes, corporate law, regulatory law, courts, litigation, and other factors. The book considers all 320 jurisdictions of the world and shows how to understand them by locating them in eight families of law, each with their own features. The book explains not only choice of law principles but sets out the factors to consider the commercial and legal implications of choosing one law over another in business contracts, and is an essential resource for all commercial lawyers.

The value of a governing law can be enormous. English law underpins trillions of dollars of annual business activity. It is, according to Philip Wood, a national asset which requires effort and discipline to maintain and protect...Wood advocates the establishment of a body, the 'Institute of English Law', to protect and maintain the English legal system. * Kevin McVeigh, Law Society Gazette *

ISBN: 9780192888648

Dimensions: 250mm x 175mm x 22mm

Weight: 756g

368 pages