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International Economic Law (LAW-910-001)
This course is part of the Europe summer law program, which meets in London, Paris, Brussels, and Luxembourg from 5/29 - 6/25. You must complete an application for the specific Summer Program Abroad to be eligible for this class. Please visit https://www.wcl.american.edu/summer/abroad/
This course is a survey of some key laws, legal structures, legal concepts, and legal institutions involved in certain prominent aspects of international business. Generally, the course covers different sources of law, legal methods, and legal cultures, with an eye to the practice of international business law. More particularly, on the transactional side, it includes study of an international sale with a documentary letter of credit, as well as multinational enterprises and their legal and social responsibilities. The litigation setting centers on international arbitration but some attention is given to judicial proceedings as well. Transactional and litigation issues are put together in the context of choice of law and choice of forum (or arbitration) clauses. Public law and regulatory matters are introduced in the context of international taxation as well as international trade structures like the World Trade Organization and the General Agreement on Tariffs and Trade.
Textbooks and Other Materials
The textbook information on this page was provided by the instructor. Students should use this information when considering purchases from the AU Campus Store or other vendors. Students may check to determine if books are currently available for purchase online.Most course materials will be posted on the course page on My.WCL and are excerpted from two books: • DETLEV F. VAGTS, WILLIAM S. DODGE, HAROLD HONGJU KOH & HANNAH L. BUXBAUM, TRANSNATIONAL BUSINESS PROBLEMS (5th ed. Foundation Press 2014), and • MARTIN DAVIES & DAVID V. SNYDER, INTERNATIONAL TRANSACTIONS IN GOODS: GLOBAL SALES IN COMPARATIVE CONTEXT (Oxford University Press 2014). Students will not need to buy the books: all excerpts from them will be posted. Students will also need to read: • Ralph H. Folsom et al., International Business Transactions in a Nutshell (10th ed. 2016). Again, students need not buy the book. Nutshells are available through the WCL West Academic Online Study Aids subscription (https://subscription.westacademic.com/). The direct link for International Business Transactions in a Nutshell is here: https://subscription.westacademic.com.proxy.wcl.american.edu/Book/Detail?id=24575&q=international%20business%20transactions. It is available through the catalog at this link: http://leagle.wcl.american.edu/search?/XInternational+Business+Transactions+in+a+Nutshell&SORT=D/XInternational+Business+Transactions+in+a+Nutshell&SORT=D&extended=0&SUBKEY=International+Business+Transactions+in+a+Nutshell/1%2C15%2C15%2CB/frameset&FF=XInternational+Business+Transactions+in+a+Nutshell&SORT=D&2%2C2%2C. The book is accessible online both on and off campus and has features like notes, highlighting, and bookmarking. Printing is limited, though, and since you have to read all of it, you may prefer to buy the book. If so, the ISBN-13 is 9781634598934.
First Class Readings
Not available at this time.