LAWS8993/JURD7593 International Business Transactions
Lecturer: Dr Jie (Jeanne) Huang
What is the course about?
This course surveys important legal issues in international business transactions, focussing on the UN Convention on Contracts for the International Sale of Goods, Incoterms®, transport and insurance, payment and finance of international trade, and commercial dispute resolution. Through a comparative-law approach and extensive case studies, this course is useful and essential for students who want to be involved in the legal aspects of international business. Its main topics are as follows:
- Transport and insurance (sea, air, road, and multimodal transport)
- Payment and Financing (bills of exchange, letters of credit, etc.)
- Dispute Settlement (litigation and arbitration in domestic or international tribunals, choice of law, choice of forum, proving of foreign law, recognition and enforcement of judgments and arbitration awards)
Why does this subject interest you?
The above chart shows that trade in goods is the most important trade for Australia. This course is about legal issues between equal parties in trade in goods.
Do you have any advice to students who are interested in taking this course?
First and most importantly, please sign up to this course early. It is a popular course and seats run out quickly. Second, we ‘travel’ around the globe in every class and students should be prepared to read decisions rendered in almost all important jurisdictions in the world. Third, please be a legal comparatist, open-minded and ready to appreciate the beauty of different legal traditions.
How will this course be relevant in the future?
This course not only enables students to understand international business transactions, but also helps students become a legal professional with a global vision. This is because students are going to study cases decided by domestic courts or arbitration tribunals in Australia, the US, the UK, China, Germany, Austria, New Zealand, Switzerland, Hungary, Russia and Hong Kong, and will also examine decisions made by international tribunals, such as WTO, ECJ, ICSID and PCA. Students will also learn to appreciate the conflicts between different legal traditions and comprehend the methods to reconcile them in international commerce.