Commercial contracts
The law of obligations constitutes the basis for commercial law. It can be found in many branches of law and is the determining factor in recommendations and procedures.
The law of obligations covers a large number of fields,
including:
- the pre-contractual stage (breaking off negotiations and
formation of the contract; compensation);
- the contractual stage (guarantees and non-compliance);
- the post-contractual stage (breach of contract and
compensation; wrongful acts).
Influence of international law
Our national law is being increasingly influenced by
international law, and by directives in particular. Implementation
of these directives gives rise to a number of legal points for
discussion, such as the Product Liability Directive, the Purchase
and Guarantees for Consumer Goods Directive (this has appreciable
consequences for commercial practices), the Curbing Payment Arrears
in Commercial Transactions Directive, and the Independent
Commercial Agents Directive. People involved in legal matters are
continually obliged to keep abreast of all these changing legal
frameworks, so thorough and up-to-date knowledge of this area is
essential.
How do we help you?
AKD has extensive expertise in (international) commercial
contracts and relevant procedures. Our lawyers frequently draw up
commercial contracts on all kinds of matters, such as contracts
relating to agencies, distribution, franchise and joint ventures,
as well as contracts for professional services and cooperation
agreements. We advise and assist you during the formation procedure
as well as in the performance of contracts. And we also help you in
compiling and reviewing general terms and conditions.
Case Highlighted
Scheuten: two joint ventures
Scheuten is making significant investments in factories in the United States and Asia. AKD provided the necessary legal support.
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