Success Story

BUSINESS LAW, M&A

Draft an international trade contract much more easily with Song Law Firm’s assistance. 06/09/2017

This time, Song Law Firm had a Korean manufacturing company that produces beauty supplies as a corporate client. The client wanted to expand the business by giving exclusive trading rights to agents in various countries, but the initial contractual agreement originally drafted by the client’s in-house counsel in Korea was poorly drafted for international commerce. For example, the agreement did not include the choice of law clause or arbitration clause, resulting in weak enforceability in the United States as well as in other countries. The corporate lawyers at Song Law Firm reviewed the agreement and revised it to make sure that the client’s interests are fully protected. The client was pleased to know that the newly drafted agreement will guarantee smooth and effective dealings with agents worldwide.