For any business with global reach, collecting payment from overseas customers can be a real headache. Laura Delany offers sound advice on the Small Business Trends Blog on how to get paid on international transactions. While the article also deals with advance payment and payment online, I’ll focus on the letters of credit portion here… Continue Reading
Monthly Archives: December 2009
Did you Mean “Liable?” French Court Rules Against Google in Copyright Infringement Case
Posted in International LitigationIf there’s one thing to know in international business, it’s not to flaunt the laws of a sovereign nation, no matter how large your market capitalization or how benign your corporate objective to “do no evil.” Of course, this fundamental precept is often viewed as mere suggestion rather than sound business judgment. In light… Continue Reading
Are Carbon Credits the New Global Currency?
Posted in International BankingIn response to the Copenhagen Climate Summit’s call for innovative environmental solutions, my law firm launched a groundbreaking program today to allow law firm clients to pay legal fees with carbon credits. The initiative is the first of its kind in the professional services industry. You can read more about my firm’s initiative in the… Continue Reading
Hong Kong to Remain International Arbitration Hub in Asia
Posted in International Arbitration, International LitigationOn a recent trip to Hong Kong, I noted several newly built skyscrapers filling up the remaining voids of the city’s skyline. From my perspective sitting in the Felix restaurant, perched atop a high rise on the other side of Victoria Harbor, it was easy to see how global economic and financial activity had shifted… Continue Reading
Zen and the Art of Anti-Suit Injunctions
Posted in International LitigationJudge Maintains Jurisdictional Harmony and Refuses to Block Foreign Company’s Suit in France. In a recent post, I wrote about the “F-Cubed” securities class action trial currently underway in New York federal court. The class action lawsuit, In Re: Vivendi Universal, S.A., alleges Vivendi made material misrepresentations and omissions concerning the firm’s liquidity position. The truth… Continue Reading
How European Union Anti-Trust Laws Impact the World Cup.
Posted in Business Transactions, Random Thoughts and ObservationsNothing is more interesting than the intersection of international business law and sports. Add Charlize Theron into the mix and things get, well, even more interesting. Over the weekend, Ms. Theron, representing the host country South Africa, announced the draw for World Cup 2010, the biggest sporting event on the planet. If you haven’t already,… Continue Reading
Lisbon Treaty Will have No Effect on Business in the European Union—-For Now
Posted in Business TransactionsI received several calls today from clients doing business in the EU about the Lisbon Treaty and what it means for their European business operations. In the short term—absolutely nothing. The Lisbon Treaty is essentially just a clarification and simplification of previous European treaties into one single document. In the long term, however, the Treaty… Continue Reading
About Santiago A. Cueto
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Board Certified International Law Expert and Founding partner Santiago A. Cueto focuses his practice on international business law with an emphasis on international business litigation, arbitration and transactions. His practice is based in Miami, Florida.
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