© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - What Are Commercial Cross-Border Disputes and How Can You Resolve Them?
Posted 12th January 2023

What Are Commercial Cross-Border Disputes and How Can You Resolve Them?

A legal dispute of any kind can be stressful and damaging for each party involved, more so when a claim is brought against your business in a cross-border dispute. At the very minimum, there will be two jurisdictions and various international laws to contend with.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

What Are Commercial Cross-Border Disputes and How Can You Resolve Them?

A legal dispute of any kind can be stressful and damaging for each party involved, more so when a claim is brought against your business in a cross-border dispute. At the very minimum, there will be two jurisdictions and various international laws to contend with.

Your law firm may not be able to comply with legal matters in other jurisdictions. If you find yourself stuck in a cross-border dispute, you should seek advice from established litigation lawyers who are specially trained to handle these cases.

This guide will explore how cross-border disputes arise and some of the ways that these can be resolved.

What is a cross-border dispute?

Disputes can occur between two companies or a company and an individual. This is usually due to disagreements between shareholders, breaches of contract, insolvency and trade issues to name but a few.

A cross-border dispute can transpire if you have expanded your business overseas and a legal dispute occurs between you and a company in a different country. Difficulties can also result from cultural differences and expectations from foreign clients. Understanding how to work with clientele from other countries can help to offset the potential for disputes.

What factors must be considered during cross-border disputes?

Legal Representation

When faced with a dispute brought against you from a business overseas, you must attain legal advice from a firm that relates to the jurisdiction in which the matter could be litigated. If you decide to go with a UK-based law firm, they may also instruct a foreign law firm to aid with the dispute.

Having to deal with several law firms can lead to a plethora of issues, including misunderstandings and time delays. This is why it’s important to choose a multi-jurisdictional and multi-lingual law firm to assist you in your cross-border dispute.

Jurisdiction

Jurisdiction is the term to describe the particular laws that apply in the country where the dispute is created. It can also refer to the authority given to the court to enact justice. The laws within each jurisdiction can vary significantly.

Commercial contracts will often integrate jurisdiction clauses that state where a dispute will be litigated if the dispute cannot be resolved. This means that the relevant parties involved will be informed of the jurisdiction and laws under which the dispute will be negotiated. It can also prevent one of the parties from commencing legal proceedings in an unfamiliar jurisdiction.

How can cross-border disputes be resolved?

Cross-border disputes are best left with experienced cross-border and litigation lawyers, who can easily help to settle the dispute. They can identify whether your contract has a jurisdiction clause or if a strategy needs to be created to navigate the different laws of the country where the dispute is taking place.

You could also try settling the dispute via alternative dispute resolution (ADR) before things escalate. Whether this is through arbitration or mediation, these steps can prevent matters from becoming hostile. Again, the law firm you decide to go with can help to build your case so that the dispute can be resolved as efficiently as possible.

Categories: Legal, News


You Might Also Like
Read Full PostRead - Eye Icon
Funded Trading vs Solo Trading – The Differences
News
17/10/2022Funded Trading vs Solo Trading – The Differences

Choosing to become a funded trader or sole trader, can affect your journey in the financial market, what type of opportunities are presented to you, and your ability to take advantage of them. Each option has its fair share of pros and cons, and deciding which

Read Full PostRead - Eye Icon
Citius Pharmaceuticals Completes Acquisition of Leonard-Meron Biosciences
M&A
05/04/2016Citius Pharmaceuticals Completes Acquisition of Leonard-Meron Biosciences

Citius Pharmaceuticals, Inc.today announced completion of the acquisition of Leonard-Meron Biosciences, Inc.

Read Full PostRead - Eye Icon
Private Risk Capital Development Advisors, LLC, Leading the way in PPLA and PPA Solutions
Finance
16/06/2020Private Risk Capital Development Advisors, LLC, Leading the way in PPLA and PPA Solutions

When it comes to Private Placement Life Insurance (PPLI) and Private Placement Annuity (PPA), the firm that supports you must be one you trust implicitly. It’s a business where every detail must be tended to with care. The team at Private Risk Capital Develo

Read Full PostRead - Eye Icon
HERE On the Move
Strategy
04/08/2015HERE On the Move

Nokia completes next stage of transformation with agreement to sell HERE maps to automotive industry consortium which includes giants AUDI, the BMW Group and Daimler at an enterprise value of EUR 2.8 billion.

Read Full PostRead - Eye Icon
Intellectual Property: Protecting and Realising the Value of Intangible Assets
Leadership
07/12/2015Intellectual Property: Protecting and Realising the Value of Intangible Assets

M. Uzcátegui & Asociados is a professional company founded by Dr. Mariano Uzcátegui Urdaneta and Dr. Rafael Pizani in 1955 under the name of Escritorio Pizani. Leonardo E. Uzcategui L. talks us through the firm and their work.

Read Full PostRead - Eye Icon
Overlooked Employee Issues When Acquiring a New Company
News
06/12/2021Overlooked Employee Issues When Acquiring a New Company

Overlooked Employee Issues When Acquiring a New Company Following the acquisition of a new company, there are tons of things that managers and human resources need to think about and do. In turn, that can mean many employee issues become overlooked. Don’t fo

Read Full PostRead - Eye Icon
Crypto Payment Solutions Designed to Cash-In
Finance
13/02/2024Crypto Payment Solutions Designed to Cash-In

CoinsPaid proudly provides a crypto payment ecosystem suitable for use by both businesses and individuals, thanks to groundbreaking solutions that are tailored to a client’s every need.

Read Full PostRead - Eye Icon
Simple, Seamless, and Stress-free Business Sales
M&A
03/11/2022Simple, Seamless, and Stress-free Business Sales

Are you looking to sell your business? Lion Business Brokers can ensure that you and your business move throughout the sales process without a hitch, offering you premium services that are supplied by its team of industry experts.

Read Full PostRead - Eye Icon
451 Research Identifies Nearly 300 M&A and IPO Candidates in its Annual 2016 Tech M&A Outlook
Innovation
25/02/2016451 Research Identifies Nearly 300 M&A and IPO Candidates in its Annual 2016 Tech M&A Outlook

According to 451 Research’s recently published Tech M&A Outlook 2016, acquirers will spend hundreds of billions of dollars on tech acquisitions in the coming year to adapt to a rapidly changing marketplace with notable hotspots in information security, IoT a



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow