The Massachusetts Appeals Court has ruled that a party to a business contract could file suit in Massachusetts even though the contract specified that "jurisdiction shall vest in the State of Illinois." The Appeals Court held that the "jurisdiction shall vest" language is merely permissive and does not require that suit between the contracting parties be brought in Illinois. Boland v. George S. May International Company, No. 11-P-1300, slip op. (Mass.App.Ct. June 7, 2012).
Dubai Forum Gains Global Momentum
The Dubai International Financial Centre (DFCI) is quietly emerging as a dispute resolution forum of choice in international contracts involving companies based in the Middle East. The DFCI's location in one of the fastest-growing areas of the Middle East makes it an attractive option for transnational companies doing business in the region.
