International Trade & Export Lawyers
Customs/Import Compliance | Global Trade Policy | International Trade Litigation | Export Controls and Economic Sanctions Practice | International Anti-Corruption and Foreign Corrupt Practices Act (FCPA) | Securities Enforcement and Litigation (SEC)
International Sale, Distribution, Agency, Licensing and Royalty Agreements;
•International Business Consulting - counseling U.S. businesses on legal issues arising from doing business in foreign countries
•Foreign Business Consulting - counseling non-U.S. businesses about doing business in the U.S.
•NAFTA consulting, arbitration, and dispute resolution
•International litigation in United States courts
•Representation in arbitration and mediation of international disputes
•Enforcement of international arbitral awards and judgments
.What do we do?
We are a law firm that represents clients in corporate, transactional and regulatory legal issues, with a focus on international trade matters. We advise multinational corporations on a broad range of federal laws and programs affecting imports and exports of goods and services into and from the United States. We also help companies who need an introduction to international trade or who want to develop their import, export and distribution business.
We have extensive experience of setting up and running distribution contracts within Middle Esat, China, USA , Canda , United States.
1. Seller and Buyer signed a sales contract, with method of payment usually by letter of credit (documentary credit).
2. Buyer applies to his issuing bank, usually in Buyer's country, for letter of credit in favor of Seller (beneficiary).
3. Issuing bank requests another bank, usually a correspondent bank in Seller's country, to advise, and usually to confirm, the credit.
4. Advising bank, usually in Seller's country, forwards letter of credit to Seller informing about the terms and conditions of credit.
5 If credit terms and conditions conform to sales contract, Seller prepares goods and documentation, and arranges delivery of goods to carrier.
6 Seller presents documents evidencing the shipment and draft (bill of exchange) to paying, accepting or negotiating bank named in the credit (the advising bank usually), or any bank willing to negotiate under the terms of credit.
7 Bank examines the documents and draft for compliance with credit terms. If complied with, bank will pay, accept or negotiate.
8 Bank, if other than the issuing bank, sends the documents and draft to the issuing bank.
9 Bank examines the documents and draft for compliance with credit terms. If complied with, Seller's draft is honored.
10 Documents release to Buyer after payment, or on other terms agreed between the bank and Buyer.
11 Buyer surrenders bill of lading to carrier (in case of ocean freight) in exchange for the goods or the delivery order.