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Law firms as a business- Doubt
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<blockquote data-quote="TC fiend" data-source="post: 86671" data-attributes="member: 12349"><p>What your question really seems to touch on is the crux of international commercial litigation, more specifically the conflict of laws. What you need to know is that company A might want to list in the UK - this will be governed by English law. But it might also have offices in Dubai, Brussels and New York. The law that governs the work of those offices will be set out in the contracts those offices have, as well as established case law on what it means for a company to be “headquartered” somewhere. This is so companies (or any party) can’t do something called “forum shopping” - stating your agreements are governed by a certain law because that law is beneficial to you, even though you aren’t really connected to that country.</p><p></p><p>It’s really far more complicated than that but if you want a basic understanding I can recommend the book “Collier’s Conflict of Laws”.</p></blockquote><p></p>
[QUOTE="TC fiend, post: 86671, member: 12349"] What your question really seems to touch on is the crux of international commercial litigation, more specifically the conflict of laws. What you need to know is that company A might want to list in the UK - this will be governed by English law. But it might also have offices in Dubai, Brussels and New York. The law that governs the work of those offices will be set out in the contracts those offices have, as well as established case law on what it means for a company to be “headquartered” somewhere. This is so companies (or any party) can’t do something called “forum shopping” - stating your agreements are governed by a certain law because that law is beneficial to you, even though you aren’t really connected to that country. It’s really far more complicated than that but if you want a basic understanding I can recommend the book “Collier’s Conflict of Laws”. [/QUOTE]
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