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The issues that revolve around legal disputes in the handling of international transactions are contractual laws, customs, arbitration, mergers, acquisitions, corporate law. In regard to international business transactions, the important part of a dispute resolution is overstated by the detail that laws of other countries could be applied to any particular dispute. There is a common characteristic between most international projects. As Americans, we need to consider the cultural and ethical difference inherent with such business transactions. There should be individuals (Lawyers) that specialize in these areas to give guidance to companies that are considering doing business internationally.
Some of the issues involved in resolving legal disputes call for arbitration. However, international disputes are basically between corporations and government units. They usually have no connection within the country where it is taking place. The International Court of Justice is the judicial branch of the United Nations and its primary function is to settle legal disputes that are submitted to them by their member states. There job is to give advisory opinions on legal questions. (Melvin, S.pg. 635) International law has broad terms but is not limited to just rules that are applied to settle disputes in court.
One must consider the feasible outcome before taking legal action against a foreign business partner based in another country. We must examine the foreign policies, customs law and the enforcement of intellectual property rights abroad. This will have a significant impact on the cost benefit analysis of pursuing infringement claims, in terms of additional fees and expenses related to foreign litigation.
The factors that would work against CadMex’s decision to grant sublicensing agreements are that Sublicensing agreements comes into play when the organization has...

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