Cadmex Corporation: Negotiations

Decent Essays
Legal requirements may not always be compatible between two countries during legal disputes. This simulation in illustrates the challenges that the CadMex Corporation faces while sublicensing their products in the international markets. CadMex will need to overcome the risks by performing extensive research before negotiating and entering an international contract. The recommended dispute resolution steps are: 1) negotiation, 2) mediation, 3) arbitration, and
4) litigation. If the Cadmex Corporation decides to litigate through a foreign court system, they should proceed to do so as a last resort because litigation result in a low success rate and be expensive.

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