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New Zealand businesses are frequently supplying or
receiving goods and services from overseas parties and there are a
number of unique considerations in such transactions. Businesses
need certainty regarding which legal system applies to the transaction
and what happens if there is a dispute, as such issues may not always
be clear. We are experienced in assisting clients with all
aspects of international sales contracts and the specific issues
surrounding these.
Specifically, we assist clients with issues such
as delivery and the passing of risk, and the application of standard
international trade terms such as Incoterms 2000. We also
advise on alternative payment arrangements including such methods as
documentary letters of credit.
Clients engaging in international transactions
must be aware of choice of law issues. New Zealand is a signatory
to the United Nations Convention on Contracts for the International
Sale of Goods 1980 (CISG) and this can have far reaching consequences
on international transactions for the unsuspecting client. Our
experts are familiar with such treaties and can provide specialized
advice on the CISG and whether or not it should be adopted in particular
transactions.
Our team can assist in dispute resolution and
enforcement in the event that problems arise.
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