Lecture%209%20Legal

Lecture%209%20Legal - Legal World Courts In absence of...

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Legal World Courts In absence of globally recognized dispute formats, “host country” courts retain jurisdiction. But some international law, World Courts and overlapping jurisdiction is developing 11/10/11 MGT 4190 1
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Legal Key International Issues Environmental Protection Antitrust Social and Labor Legislation Intellectual Property (IP) Rights 11/10/11 MGT 4190 2
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Legal Various Legal Formats United States: Anglo American Common Law System, Uniform Commercial Code (UCC), Corrupt Practices Act 1977 Japan: Almost indecent to go to court- Group well being must be preserved. Keiretsu- interlocking directorates, Central Technology Licensing Agency Islam: Sharia Law- Northern Africa, Middle East, Southern Asia. Persian Gulf- some commercial codes. Interest payment banned- instead profit and loss sharing ala Venture Capital (Mortgage on house is actually shared ownership with the bank 11/10/11 MGT 4190 3
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Legal Various Legal Formats (Cont’d) China: Legal process is slow. Government shares
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Lecture%209%20Legal - Legal World Courts In absence of...

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