Jurisdiction: Difference between revisions

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{{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.
{{a|g|
[[File:Juris-my-diction.jpg|450px|thumb|center|Jurisdiction chat, yesterday.]]
}}{{quote|Hey, I’m just doing my job. You give me that juris-my-diction crap, you can cram it up your ass.”
:—A [[subject matter expert]] to a [[middle manager]] in ''The Matrix''}}
 
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]].
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*[[governing law]]
*[[governing law]]
*[[process agent]]
*[[process agent]]
{{ref}}
{{ref}}

Revision as of 16:11, 15 February 2021

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™
Jurisdiction chat, yesterday.


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Hey, I’m just doing my job. You give me that juris-my-diction crap, you can cram it up your ass.”

—A subject matter expert to a middle manager in The Matrix

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.