The widespread use of artificial intelligence (AI) in the most competitive companies is transforming foreign trade operations by automating various aspects of export and import operations. Thus, for example, Artificial Intelligence makes it possible to: Automate repetitive tasks, such as document processing, inventory management or shipment tracking. Optimize logistics processes, improving delivery times and increasing efficiency in the supply chain. Analyze and evaluate suppliers based on performance, quality, pricing and other key factors. Read More »
Category Archives: International Contracts
Feed Subscription<Software Agreements: Models Most Commonly Used
Software agreements are legal contracts between software developers or vendors and users that govern the use of the software. These agreements outline the terms and conditions of use, as well as any restrictions or limitations placed on the software. Software agreements models and templates can take many different format, including end-user license agreements (EULAs), software-as-a-service (SaaS) agreements, open source licenses, ... Read More »
Logistics Contracts and Agreement Template
A Logistics Contract or Logistics Services Contract is a legally binding agreement that deals with freight transportation services such as domestic freight forwarding services, motor carriers, local rail drayage services, domestic water carriers, and others. Almost every business has a relationship with a logistics company that will or should be eventually documented in a formal contract. Nonetheless, a transport contract ... Read More »
Contracts and Agreements for Startups: 4 Model Contracts you Should Know
Startups represents today the majority of innovative developments and initiatives coming either from the research and development department of big companies or from young entrepreneurs. In the last years the number of startups has increased rapidly and legal aspects –between them contracts and agreements– have appear to support the entrepreneurs ventures. These entrepreneurs make business growth and profit maximization their ... Read More »
Broker Agreement Template: Types and Main Clauses
A Broker Agreement is a type of contract use mainly in international trade that sets forth the terms and conditions under which a Broker will either: find interested buyers for goods and/or services being sold by a Seller, or find goods and/or services for a Buyer to purchase. The Broker’s role may be limited to just introducing a buyer and a seller, or may ... Read More »
What Is Business Sale Agreement?: Main Issues and Clauses
The Business Sale Agreement is used for anyone who wants to purchase or sell a business or the assets comprising all or part of a business. In this document, pertinent identifying details will be entered, such as whether the parties are individuals or businesses (most often, in Business Sale Agreements, it is a company selling to a company, but of course, individuals ... Read More »
Buying agents: functions, commission and contract
Buying agents –also known as purchasing agents– are increasingly used in foreign trade operations: exports and imports. Buying agents are responsible for buying supplies, products, materials and services at the lowest possible price while maintaining a high level of quality. Buying agents must be skilled in assessing current market conditions as they directly affect supply and demand for services and ... Read More »
International Arbitration: Practice and Arbitration Courts
The use of international arbitration is increasingly frequent due to the complexity of international operations, as well as the existence of multiple contracts and the plurality of parties. Therefore, it is important to take this aspect into account when drafting the dispute resolution clause, as well as when choosing the applicable arbitration rules. Arbitration is a process of dispute resolution ... Read More »
What is a Memorandum of Understanding?
A Memorandum of Understanding between companies is a document like a contract but not binding on the parties, except when confidentiality and non-competition agreements are included. It is essentially a collection of key points of an agreement between two parties that are negotiating a contract; in this respect, a Memorandum of Understanding is simply the agreement signed prior to the ... Read More »
What is a Letter of Intent?
A Letter of Intent is essentially a collection of key points of an agreement between two parties that are negotiating a contract; in this respect, a Letter of Intent is simply the agreement signed prior to the final contract. In certain complex transactions, the parties may wish to come to a preliminary agreement, sometimes called an “agreement to agree”, which ... Read More »