Governing law and jurisdiction refer to the laws and courts that have authority over a legal dispute.

• Governing law is the law that will be used to interpret and enforce a contract or legal agreement.

• J...read more

An exclusive jurisdiction clause is that part of a contract whereby the parties mutually decide and agree to refer the disputes arising from the contracts to a particular Court or Courts

An exclusive jurisdiction clause is that part of a contract whereby the parties mutually decide and agree to refer the disputes arising from the contracts to a particular Court or Courts

In previous e-bulletins we have looked at a number of clauses that are commonly found in commercial contracts but are often poorly drafted and misunderstood. This month we discuss two more: "Governing...read more

The laws through which the rights and liabilities of the parties in a contract or an agreement are determined are known as Governing laws.