As international trade and travel expand, so too does the risk that a company or an individual might be involved in a dispute having an international element. The international element could be because the parties are of different nationality or that they reside in different countries or that they have entered into a contract concerning a transaction taking place abroad.
In the event of a dispute, it is not enough to determine which court has international jurisdiction to hear and determine the case; it also has to be established which law will be applicable to determine the substance of the matter.
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