Are you about to conclude an international deal for the sale or purchase of goods or services? 

You need an international commercial contract

You must protect yourself and arrange all matters by means of an orderly, detailed and legally binding contract by a highly experienced attorney.

Today more than ever, in today's world considered one kind of global village, international trade between countries and private commercial entities is the oxygen that drives the world economy. Every day millions of physical and virtual transactions are carried out in real estate, industry, consumer goods, intellectual property, software, technological know-how, health, food, automobile, tourism, transport, customs and shipping.

This process is successful, partly due to close international business contracts concluded by a professional entity, which regulate the relationship between the parties operating in different countries, which differ in their legal system and their commitment to various international conventions, And the familiarity of the lawyer who accompanies the laws and international conventions applicable to each party in the contract and the unique manner in which such contracts are drawn up, as well as a thorough familiarity with the international bodies involved in international trade, such as the WTO, UNCITRAL UNIDROIT, ICC.

A dispute between private parties in respect of a contract between them may include, inter alia, international components, and it is possible that one or both parties are foreigners in the country in which the statement of claim was filed. Other examples are that the contract itself is held in a country other than the place of residence of the parties, or that the place of execution of the transaction or the place where it was supposed to take place (if the breach of contract was actually performed) was different from the place where the claim was filed.

Accordingly, beyond the usual commercial and legal sensitivity required in the drafting of commercial contracts, attention should be given to binding international rules applicable to the transaction, as well as to the wording of the clauses dealing with questions of venue and the law applicable to the occurrence of a legal dispute between the parties. Such clauses are of great importance, since if and when a dispute arises, the question according to which law and to which court is empowered to decide a dispute can decide the outcome of the proceeding. These sensitivities require attention not only at the stage of drafting the contract, but also at the stage of interpreting the contract when the parties get into disputes.

International contracts, unlike local contracts, require knowledge both in Israeli law and in the mixed legal system. Also, international contracts are often subject to international conventions which regulate how they are edited. It is clear to everyone that it is recommended not to make a contract, any contract, without obtaining legal advice from a lawyer specializing in the field in question. All the more so in the case of international contracts.

Asaf Kriel & Co. has been specializing in international commercial law and contract law for over 20 years. Over the years, he has accumulated considerable experience in formulating and examining international contracts and in preparing corporate and private commercial contracts, including distribution contracts, agency and franchising, joint ventures and licensing, sales and purchase agreements, tenders and contracts with international authorities, investment and financing agreements, merger and acquisition agreements, loan agreements and guarantees, and more.

We have tried to present the firm's clients with all the insights relating to the contract from the point of view of your colleague to the contract and to identify in advance the "mines" hiding among its various sections. The contract is executed in cooperation with the client on the commercial questions arising from the contract and strict observance of your interests and takes into account all the international conventions and laws that apply to the transaction. In addition, your agreement will define the place of jurisdiction - a fact of great significance that may lead to a more convenient verdict in the event of a legal dispute that reaches the courts.