Dispute resolution clauses are not top of mind when companies conclude an agreement. Usually, the lawyer of the party drafting the agreement adds the law firm’s standard choice-of-court clause to the agreement, and this rarely prompts discussions between the parties. However, the choice for a certain dispute resolution forum is not without consequences and merits particular attention, especially where the agreement is international in nature, e.g. where one of the parties is located in another country.
See these 8 take-aways from the NCC webinar ”Jurisdiction clauses: how to escape from the jungle of infinite possibilities?”