Naver Blog

Considerations When Drafting International Contracts in English (4)

Hello, My name is Kyusung Lee, head attorney of Osung Partners Law Firm. When it comes to contracts, it's crucial to thoroughly review the contract terms in advance. This is especially important when dealing with contracts in English, as different countries have varying laws and circumstances, which makes a meticulous review even more essential. 1. Key terms and considerations of Sales Contract A sales contract is a document used to record the legal aspects and factual details of a sales agreeme

Naver Blog

Considerations When Drafting International Contracts in English (1)

Hello, My name is Kyusung Lee, head attorney of Osung Partners Law Firm. When it comes to contracts, it's crucial to thoroughly review the contract terms in advance. This is especially important when dealing with contracts in English, as different countries have varying laws and circumstances, which makes a meticulous review even more essential. 1. The Importance of Choice of Governing Law and Jurisdiction in Drafting International Contracts When drafting international contracts, careful conside

Naver Blog

Considerations When Drafting International Contracts in English (3)

Hello, My name is Kyusung Lee, head attorney of Osung Partners Law Firm. When it comes to contracts, it's crucial to thoroughly review the contract terms in advance. This is especially important when dealing with contracts in English, as different countries have varying laws and circumstances, which makes a meticulous review even more essential. 1. Terms of International Distribution Agreement An international distribution agreement is a contract made when a seller in one country delegates autho

Naver Blog

Considerations When Drafting International Contracts in English (2)

Hello, My name is Kyusung Lee, head attorney of Osung Partners Law Firm. When it comes to contracts, it's crucial to thoroughly review the contract terms in advance. This is especially important when dealing with contracts in English, as different countries have varying laws and circumstances, which makes a meticulous review even more essential. 1. Force Majeure clause The force majeure clause is one of the common clauses typically included in international contracts. It refers to a situation in

Naver Blog

Considerations When Drafting International Contracts in English (1)

Hello, My name is Kyusung Lee, head attorney of Osung Partners Law Firm. When it comes to contracts, it's crucial to thoroughly review the contract terms in advance. This is especially important when dealing with contracts in English, as different countries have varying laws and circumstances, which makes a meticulous review even more essential. 1. Characteristics of an English Purchase Agreement: An English purchase agreement refers to a document written in English that is used to establish a c