Jurisdiction: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
(Created page with "Generally speaking, the flavour of courts who have power to resolve any litigation concerning your agreement. In a cross-border agreement it is usual to state the governing...")
 
No edit summary
Line 1: Line 1:
Generally speaking, the flavour of courts who have power to resolve any litigation concerning your agreement. In a cross-border agreement it is usual to state the [[governing law]] and whose courts have [[jurisdiction]]; in a purely domestic agreement they will not, it's being assumed that local law and local courts will always prevail.
{{g}}Generally speaking, the flavour of courts who have power to resolve any litigation concerning your agreement. In a cross-border agreement it is usual to state the [[governing law]] and whose courts have [[jurisdiction]]; in a purely domestic agreement they will not, it's being assumed that local law and local courts will always prevail.


There is always fun<ref>It is all relative, you understand. Fun is the one thing money can’t buy.</ref>to be had arguing over whether [[jurisdiction]] should be [[Exclusive jurisdiction|exclusive]] or [[Non-exclusive jurisdiction|non-exclusive]], and what counts as a [[forum non conveniens|convenient forum]].
There is always fun<ref>It is all relative, you understand. Fun is the one thing money can’t buy.</ref>to be had arguing over whether [[jurisdiction]] should be [[Exclusive jurisdiction|exclusive]] or [[Non-exclusive jurisdiction|non-exclusive]], and what counts as a [[forum non conveniens|convenient forum]].

Revision as of 15:50, 22 April 2020

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


Index — Click the ᐅ to expand:

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you.
Sign up for our newsletter.

Generally speaking, the flavour of courts who have power to resolve any litigation concerning your agreement. In a cross-border agreement it is usual to state the governing law and whose courts have jurisdiction; in a purely domestic agreement they will not, it's being assumed that local law and local courts will always prevail.

There is always fun[1]to be had arguing over whether jurisdiction should be exclusive or non-exclusive, and what counts as a convenient forum.

See also


References

  1. It is all relative, you understand. Fun is the one thing money can’t buy.