Drafting and Interpreting International Contracts (5ª edición) Inicio: 03/06/2009
Fin: 04/06/2009

This course is an opportunity to look into the process of contract formation and interpretation from a common-law perspective. We will examine things you have seen before, and may have wondered exactly what they meant. For example, what does "best efforts" really mean? And what's the difference between "best efforts" and "commercially reasonable efforts"?

The more you are aware of the common-law background behind the contracts you must deal with every day, the better equipped you will be to deal effectively with international transactions.

*This program will be conducted in English.

The program is intended for Practicing lawyers who work in an international environment and with multinational clients, In-house counsel involved in multinational transactions and international trade, Executives and top management who wish to expand their knowledge of legal issues in a global setting and Entrepreneurs in international commerce and investment and their consultants.

As the scope of business transactions expands, so does the influence of the common-law world. No matter where your clients are based, what the governing law may be, or where in the world a deal may take you, the basic way of doing things is increasingly based on a common-law model. In other words, the very structure of most international transactions, including the models of most basic documents, follow a path inspired in the common law and developed by City and New York law firms.

Wednesday, 3 of June

09:30h - 11:00h    Session Nº 1:
Our best efforts to define best efforts. Given the variety of court opinions concerning best efforts, does it make any sense to include such a clause in the contract?

11:00h - 11:30h    Break

11:30h - 13:00h   
Session Nº 2: Pre-contractual good faith? Since the common law rejects a general duty of good faith before the contract is formed, what are the alternative mechanisms that govern the parties' conduct at this stage?

13:00h - 14:30h   
Session Nº 3: Structure, organization and building blocks. General principles of drafting and rules of interpretation. Language of obligation,condition and discretionary authority

16:00h - 17:30h   
Session Nº 4: Introductory clauses: Preamble, words of agreement, recitals. Definitions, annexes and schedules

17:30h - 19:00h   
Session Nº 5:   Practical drafting exercise. Groups work together to draft the first part of a license agreement. This work will be submitted for evaluation in the following session



Thursday, 4 of June

09:30h - 11:00h   
Session Nº 6: Operative language: where the contract gets down to business: subject matter clause, consideration, other action clauses. Feedback and analysis of drafting exercise

11:00h - 11:30h     Break

11:30h - 13:00h    Session Nº 7: Boilerplate in detail. Those clauses which always appear in contracts but are never looked at (until there's a problem...): entire agreement, severability, subrogation, successors and assigns, survival, waiver, force majeure, notice, press releases, counterparts, execute and deliver...

13:00h - 14:30h   
Session Nº 8: At the end of the contract's life: duration, expiration, termination, material breach, damages. Penalty clauses at common law in contrast to liquidated damages.

16:00h - 17:30h   
Session Nº 9: Practical drafting exercise

17:30h - 19:00h   
Session Nº 10: Practical drafting exercise, evaluation and general conclusions

Program Director:

Mr. Gregory J. Marsden
Juris Doctor, University of California, Hastings College of the Law. Director Executive LL.M. Program IE Law School.

Fechas y lugar de celebración

El programa tendrá lugar los días 3 y 4 de Junio en Madrid, en la sede del IE Business School la C/ María de Molina nº 7.

*El programa será impartido en inglés.


Derechos de Inscripción

El precio del programa, será de 1.750 €, incluyendo las sesiones, el almuerzo y la documentación.

Los Antiguos Alumnos de Programas Máster de IE Business School tendrán un descuento del 10% y los miembros de la Asociación de Antiguos alumnos de IE Business School tendrán un descuento del 30%.


¿Cómo formalizar la matrícula?

La formalización de la matrícula se podrá realizar llamando por teléfono al 902 30 21 30/91 568 97 12; o bien por fax, enviando el boletín de inscripción adjunto al número (34) 91 561 77 68. Por correo electrónico, enviando sus datos a: inscripciones@ie.edu. A través de nuestro boletín de inscripción on-line, disponible en nuestra web: htpp://www.ie.edu/programas-abiertos.


Alojamiento


Con objeto de facilitar el alojamiento a las personas de fuera de Madrid, el Instituto de Empresa tiene acuerdos de colaboración con diferentes hoteles cercanos a la escuela, donde se ofrecen interesantes descuentos en las habitaciones para los asistentes al curso. Si desea información sobre estos hoteles, no dude en preguntarnos cuando realice su inscripción al curso.


IE Law School Executive Education | Paseo de la Castellana, 60 | 28046 Madrid | Tel 91 745 03 11 | ielaw.execed@ie.edu |