2019-Sustainable Industrial Processing Summit
SIPS2019 Volume 5: McNeil Intl. Symp. / Laws and their Applications for Sustainable Development
| Editors: | F. Kongoli, Y. Hayakawa, K. Oliver |
| Publisher: | Flogen Star OUTREACH |
| Publication Year: | 2019 |
| Pages: | 70 pages |
| ISBN: | 978-1-989820-04-9 |
| ISSN: | 2291-1227 (Metals and Materials Processing in a Clean Environment Series) |
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Conducting International Business – a Litigation Perspective
Andreas Erotocritou1;1, Limassol, Cyprus;
Type of Paper: Regular
Id Paper: 473
Topic: 61
Abstract:
There are many factors that may cause a business to expand internationally – searching for new markets, attracting capital and acquiring key resources may be some of the them.
In conducting business on an international level, it is vital to take into account the correct legal considerations, in order to ensure its long-term survival. The presentation will explore key matters that need to be evaluated by entrepreneurs and investors in safeguarding their rights when conducting business internationally. In this context, factors, such as choosing the right jurisdiction for structuring the business, setting the right structure between the various stakeholders, and avoiding obvious pitfalls will be explored, by analysing how these may affect the successful enforcement of one’s rights in litigation. Ensuring that the chosen jurisdiction offers adequate legal protection, anticipating the ability to recognise and enforce judgments cross-borders, and applying for injunctions when need arises will be some of the topics to be examined.
The presentation will consider the example of Cyprus and will explore the practical considerations for structuring business and resolving disputes in Cyprus.