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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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