International arbitration clauses look simple when everyone is getting along. The contract gets signed. The parties shake hands. The deal moves forward. Somewhere near the back of the agreement, there is a dispute resolution clause saying that if a conflict arises, the parties will arbitrate instead of fighting in court. At that moment, the clause feels like … [Read more...]
Moving to Miami from California or New York? What You Need to Know About Florida Business Law Before Doing Business in Miami
People move to Miami for the sunshine, the tax climate, the energy, the international business scene, and the chance to build something in a city that feels like it is still being written in real time. But here is the mistake many people make when they move here from California or New York: they assume Miami is simply a warmer version of the place they left. It is … [Read more...]
How to File a Lawsuit Against an International Investor for Breach of a Real Estate Contract in Miami
Miami real estate attracts investors from around the world. Buyers, sellers, developers, lenders, brokers, and joint venture partners regularly enter into contracts with international investors who live abroad, operate through foreign companies, or move funds through offshore entities. Most deals close without a problem. But when an international investor fails to fund, refuses … [Read more...]
Is Price Inflation An Excuse To Not Perform In International Trade? An Analysis Of Two Important Clauses and Their Potential Outcomes In providing products in international trade when prices are rising, defendant who is performing the contract can have a defense of impractability. However, what do you do when the price of the contract is fixed during inflation when … [Read more...]
NO WRITTEN SHAREHOLDER AGREEMENT? A SURVEY OF FLORIDA SHAREHOLDERS’ STATUTORY RIGHTS
Originally Published on the Florida Bar Journal Vol. 96, No. 3 May/June 2022 AUTHORS: Eric N. Assouline (Managing Partner Assouline & Berlowe), Andrea Bos (Associate Attorney Assouline & Berlowe), and Davy Karkason ( Associate Attorney Cueto Law Group P.L.) Source of the original article: No Written Shareholder Agreement? A Survey of Florida Shareholders’ … [Read more...]
How do International Conflicts Affect Corporations & Investments?
The United States has announced more sanctions against Russia due to the invasion occurring in Ukraine. One of the main sanctions that will affect corporations and foreign investors is the ban on oil, energy, and wheat import from Russia. Today, the United States is among the first few countries taking such positions. These are some of the issues that corporations and … [Read more...]
U.S. Nonresident Aliens– Here's Your Quick Tax Summary.
With the amount of international business transactions originating or otherwise taking place in the U.S., it's no surprise that the U.S. hosts a great number of nonresident aliens who have a financial stake in these business transactions. Of course, that means that taxes will be owed. It can all get complicated if you're unfamiliar with the filing requirements. I mention … [Read more...]
China Surpasses U.S. in World Trade.
China is now number one in world trade, according to Bloomberg. In taking over the top slot from the U.S., China threatens to disrupt regional trading blocs across the globe, where the U.S. has been the dominant player. The Bloomberg report noted that, while U.S. exports and imports of goods last year totaled $3.82 trillion, China’s 2012 tally came in at $3.87 trillion, … [Read more...]
International Arbitration Tribunal Urges Ecuador to Stop Enforcement Action.
Several weeks ago I wrote about Ecuador's efforts to enforce its $18 billion judgment against Chevron in the decades-old litigation over contamination of Amazon river basin. In the latest development, an international arbitration tribunal at the Hague's Permanent Court of Arbitration ruled that Ecuador violated the panel's previous order to stop enforcement of a contested … [Read more...]
"Super" International Trade Ministry in the Works for Obama Administration.
The Financial Times is reporting that the Obama Administration is contemplating a "Super" trade ministry. The Super trade ministry would take in trade and business promotion as well as the Ex-Im Bank, an initiative that was initially sidelined by opposition in Congress. You can read more about the story here. … [Read more...]