Because GFY has forgotten what BUSINESS is...
 

We are looking at having a contractual agreement that will involve parties in two different countries. Right now we have a 'Gentleman's Agreement' but we would like it to be put in writing. Can anyone recommend a law firm that deals with international contracts?

I would greatly appreciate any help with this because all the law firms I have been recommended to deals strictly with internet law or American legal concerns

spaz

Re: Because GFY has forgotten what BUSINESS is...
 

What is the "other " country? that will have a great bearing on the legal standing of any contract and where to have it adjudicated.

contrary to popular belief USA is not always the best Jurisdiction.

And in fact a contract with jurisditction in the USA will be less protective of the USA person than a contract in the other parties home country if any type of breach by them occurs. Unless you can substantiate they have a business presence and obtainable assets in the USA .

Re: Because GFY has forgotten what BUSINESS is...
 

Not US at all, the countries are Cyprus and Russia


spaz

Re: Because GFY has forgotten what BUSINESS is...
 

This is serious business. It will be interesting to see who is available to draft and enforce contracts like that, besides the mob ;)
Drafting the agreement would be the easy part, how it could be enforced is the part I am curious about.
interesting

Re: Because GFY has forgotten what BUSINESS is...
 

Contracts with Russians? That is kind of like a deal with the devil, prolly not very enforceable. Which side of Cyprus? The Turks are trying to get into the EC, so they may or may not be getting more reliable and I am certainly not sure how the Turks would treat adult. The Greeks are a better bet.
I know this is not a legal recommendation, but I have done business in both countries over the years and there are a ton of pitfalls, not to mention baksheesh.

Re: Because GFY has forgotten what BUSINESS is...
 

A cyprus company would have some recourse.....

However a Russian.... well good luck man, nothing is gonna make that contract enforceble ( unless you are a Russian and have influence in that country)

If you do a deal here , you are just throwing the dice.......

But hey if you never let yourself be in a position that their actions or inactions can harm you.... then a contract is not really important in this case anyway.

Re: Because GFY has forgotten what BUSINESS is...
 

I agree with Joe on this one.

You're better off with the handshake. Contract is worthless if not enforceable.

Figure out a way other than the legal system to hold both parties accountable to the agreement.

Re: Because GFY has forgotten what BUSINESS is...
 

spaz