Risks & Challenges on International Commercial Contracts – Commercial Interactions in the Italian Market- 3 – 11, May 2024
The 11th Legal Training Tour in France & Italy
France – Paris:
Date: 06, May, 2024
Speakers: Mr. Baki Maneche – Mr. Jean Charles Albitre – Ms. Mina Alavash
In this seminar, which was held at 9:30 at one of the offices of the Paris Bar Association, Mr. Baki Maneche, after welcoming the group of managers and owners of Iranian industry, began his speech on the importance of negotiation before concluding a commercial agreement between foreign businessmen and Iranian economic actors, he then raised the differences in judgment or legal decisions, in Courts or government justice or private arbitration centers. He said; although judging according to the client’s request in one of the arbitration centers is more expensive than the government court, as the matter of the case will remain confidential and the work will be done faster.
The second speaker Mr. Albitre was one of the Paris lawyers who spoke in this seminar about the termination of the contract and the necessary cases in force majeure. Regarding the termination, he pointed out the key points, one of the points was, if for any reason (intentional or unintentional error, death of the manager or the owner of the company who is a party to the memorandum of agreement, etc.) The parties must notify each other in writing 30 days in advance. Also, payment and financial matters must be clearly defined for the parties.
The third speaker was Ms. Mina Alavash, who discussed the essential points in international commercial contract writing. Ms. Alavash started the issues of writing from the drafting of the negotiation meeting, because for the initial agreements, all the issues desired by the parties should be raised in the negotiation meeting and the agreements of the issues should be obtained, and then, the writing of MOU will be done. Ms. Alavash considered it necessary to observe the use of specialized and legal vocabularies in the MOU text. She added that identifying the signatories of the memorandum or contract is also one of the important matters in writing.