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LJN NewslettersNewsSectionsThe Corporate Counselor

Trans-Jurisdictional Transactions

BY Allan A. Joseph
October 02, 2015

A broad spectrum of companies in a range of industries is taking advantage of the Internet, advancements in operational systems, and globalization to access new markets and achieve growth. In doing so, many companies are expanding their operations beyond their traditional domestic markets and jurisdictions into new states, new territories, and new countries. When company transactions and legal issues cross borders ' so-called trans-jurisdictional transactions ' companies begin facing expansive and complex legal issues related to those transactions.

This three-part series addresses emerging legal topics that are critical to the three key phases of trans-jurisdictional transactions: 1) the contracting phase before a dispute arises; 2) the information-gathering phase if/when a dispute arises; and 3) the collection/execution phase after a judgment is obtained and debts are owed. The series, which starts from the collection/execution phase and works backwards to the pre-dispute contracting phase, provides guidance to companies attempting to navigate the increasingly nuanced landscape of trans-jurisdictional transactions.

The underlying theme is that all companies engaging in trans-jurisdictional and cross-border commerce not only can, but should, conduct a specialized analysis of their transactions before entering into deals. This will ensure a path of predictability in the event a dispute arises.

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