Description

Transnational Business Problems 7th Edition ISBN 9781685615376

Transnational Business Problems, Seventh Edition

The Seventh Edition of Transnational Business Problems integrates a conceptual, systemic framework with a practical, problem-based approach. Designed for a one-semester course and coming in at under 600 pages, this compact volume offers students a sophisticated foundation for understanding the most significant contractual and regulatory challenges in international business.

Key Features

Comprehensive in One Volume
This single-volume text presents the essential practical and policy dimensions of international business transactions in a concise and manageable format.

Systemic Issues Introduced First
The book opens with four foundational chapters that establish key systemic themes: the role of the international lawyer, mechanisms for resolving international disputes, the interaction between international and domestic law, the extraterritorial application of domestic regulation, and corporate social responsibility. These chapters provide the intellectual tools needed to approach transnational business issues critically and contextually.

Problem-Based Learning Approach
Following the introductory chapters, the book presents eight transactional problems, each centered on a distinct type of cross-border business arrangement:

• Transnational sales
• Agency and distributorship agreements
• Licensing
• Foreign direct investment
• Mergers and acquisitions
• Joint ventures
• Concession agreements
• International debt instruments

Each problem incorporates both contractual and regulatory dimensions, typically beginning with a sample contract to ground the analysis in real-world context.

Sophisticated, Realistic Materials
The casebook features primary source materials—draft contracts, statutes, regulations, treaties, judicial decisions, and arbitral awards—that encourage students to engage directly with the legal documents that shape international business. The materials support a deeper understanding of both legal doctrine and broader policy debates, from corporate liability for human rights violations to foreign investment controls, from compulsory licensing of essential medicines to sovereign debt restructuring.

Global Perspective
The book emphasizes the global nature of today’s business environment. The transactional problems spotlight jurisdictions including China, the European Union, the Andean Community, Mexico, and Brazil. Additional materials in the introductory chapters expand the geographic scope even further.

Grounded in a Rich Intellectual Tradition
Transnational Business Problems builds on a distinguished legacy, beginning with Milton Katz and Kingman Brewster’s International Transactions, and later Henry Steiner and Detlev Vagts’s Transnational Legal Problems. This edition continues that tradition, viewing international business transactions as both products and drivers of transnational legal processes.

Fully Updated
The Seventh Edition has been comprehensively revised to reflect legal and regulatory developments through early 2024. Both the introductory chapters and many of the transactional problems have been substantially updated. Between editions, the authors provide annual updates in memo format, available for instructors to share with their students.

Comprehensive Teacher’s Manual
A detailed teacher’s manual accompanies the book, offering guidance on structuring class discussions, suggested teaching approaches, answers to all the questions in the text, and sample syllabi to assist in course planning.

Updates in the New Edition:

• Chapter III’s discussion of extraterritoriality revised to reflect the U.S. Supreme Court’s decision in Abitron Austria GmbH v. Hetronic Int’l, Inc., 600 U.S. 412 (2023).
• Chapter IV updated to include the latest OECD Guidelines for Multinational Enterprises on Responsible Business Conduct.
• Chapter IV expanded to address the new EU Corporate Sustainability Reporting Directive and the Directive on Corporate Sustainability Due Diligence.
• Problem 1 revised to include discussion of China’s new Civil Code.
• Problem 1’s treatment of U.S. export controls and sanctions updated to reflect recent regulatory developments.
• Problem 2 revised to incorporate the new EU Vertical Block Exemption Regulation.
• Problem 4’s tax discussion updated to address significant changes in U.S. tax regulations.
• Problem 5 updated with revised materials on CFIUS to reflect new U.S. legislation and regulatory changes.
• Problem 6 completely rewritten to address China’s new Foreign Investment Law and the repeal of the Equity Joint Venture Law.
• Problem 7 revised to reflect the replacement of NAFTA with the USMCA.
• Problem 8 updated to include discussion of recent significant cases in sovereign debt restructuring.

Vagts, Dodge, Buxbaum and Koh Transnational Business Problems Seventh Edition ISBN 9781685615376 & 978-1685615376