Business, Legal studies

In co-operation with Cardozo Law School, New York

Course date

10 July - 28 July, 2000
Application deadline
15 February, 2000
Course Director(s): 

Francis Gabor

University of Memphis, United States of America
Course Faculty: 

Gyorgy Feher

Weil, Gotshal and Manges LLP, Budapest, Hungary
The course focuses on the core legal problems of negotiating and structuring international business transactions, as well as on the emerging institutions of the global economy by introducing the students to the modern problem solving approach to international business transactions. Professional visits and consultations with leading American and local attorneys practicing in the region will contribute to the practical aspects of this course.  Examination based on open-book essay type questions focusing on the students' problem solving ability.
Target audience 
Lawyers, law teachers, doctoral students in law and business and international trade in public and private sector, business managers, and government employees working in international trade.
Course description 
The first part of the course introduces the student to the environments within which transnational business operations take place.  Within this part selected topics include: global trade, capital and currency flows from the perspective of the World Trade Organization, IMF and World Bank - Corporate Actors in the Transnational Business Environment concentrating on the multinational enterprise - role of the international lawyers in the challenging global practice of law.  - Planning Private International Law safeguards in the Transnational Contracting Process.
The second part of the course provides for the students' transnational legal problem exercises in drafting and consulting on the most typical international business transactions such as an Export Sale of a Factory, a Distributorship Agreement and a Technology Transfer in the form of a Licensing Agreement. 
The third part covers the challenging opportunities for doing business in Central-Europe.  As countries in this region have been moving toward market economy and membership in the European Union, the new economic and legal environment for international business transactions will be assessed.  This part will focus on privatization as well as the accompanying legal safeguards and incentives for foreign investment in the region. 
Teaching Method 
The course introduces the students to the modern problem solving approach to international business transactions.  Lectures with active class discussions on selected topics in public and private international law set the foundation for the understanding of concrete contractual forms of doing business abroad.  The comparative law approach will be emphasized.  Students will be encouraged to rely on their national legal perspective to better understand the western and international approaches to the actual transactions.  Tutorial seminars will help students in a more effective participation in the program.