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English
Oxford University Press
20 February 2023
This book describes the key advantages and risks involved in the choice of law governing international business and financial transactions, plus the accompanying choice of courts.

Beginning with an analysis of the role of law in social infrastructure, the work outlines the economic value and power of governing law. It concentrates predominantly on financial, corporate, commercial, and insolvency law across a vast comparative basis, discussing how legal risk can be reduced through careful choice of law and courts.

In Governing Law Risks in International Business Transactions, Philip R. Wood proposes 70 key indicators to rank the England, New York, France, and German legal systems plus many other jurisdictions on 13 risk tests. These include contract predictability, business orientation, freedom of contract, insolvency regimes, corporate law, regulatory law, courts, litigation, and other factors.

The book considers all 320 jurisdictions of the world and shows how to understand them by locating them in eight families of law, each with their own features. The book explains not only choice of law principles but sets out the factors to consider the commercial and legal implications of choosing one law over another in business contracts, and is an essential resource for all commercial lawyers.

By:  
Imprint:   Oxford University Press
Country of Publication:   United Kingdom
Dimensions:   Height: 250mm,  Width: 175mm,  Spine: 22mm
Weight:   1g
ISBN:   9780192888648
ISBN 10:   0192888641
Pages:   368
Publication Date:  
Audience:   College/higher education ,  Further / Higher Education
Format:   Hardback
Publisher's Status:   Active

Philip R. Wood is a world-renowned academic scholar, and former Head of the Global Intelligence Unit at Allen & Overy, where he was formerly a partner and Head of Banking. He has been Visiting Professor at the University of Oxford, at Queen Mary, University of London, and was a Yorke Distinguished Visiting Fellow at the University of Cambridge. Philip is an established lecturer and author of books in the field of cross-border financial law, known most notably for his nine-volume series The Law and Practice of International Finance (Sweet & Maxwell).

Reviews for Governing Law Risks in International Business Transactions

The value of a governing law can be enormous. English law underpins trillions of dollars of annual business activity. It is, according to Philip Wood, a national asset which requires effort and discipline to maintain and protect...Wood advocates the establishment of a body, the 'Institute of English Law', to protect and maintain the English legal system. * Kevin McVeigh, Law Society Gazette *


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