Chapter 11 Business
The government of Korea sets a limit on the amount of rice that can be imported from the United States. This is
a quota.
Hong Ltd., a Chinese firm, imports its goods into the United States and offers those goods for sale at "less than fair value." This is
dumping.
Bango! Business, Inc., a U.S. firm, may have committed, in Chile, acts that would constitute, in the United States, violations of U.S. antitrust laws. These laws apply
extraterritorially.
Star Flights Inc. launches exploratory and commercial space flights from its base in the United States. In the event of a collision with other space objects, under the Outer Space Treaty, liability for injury or damage
is subject to a determination of fault.
Jackson, or any U.S. citizen, can bring a civil suit in a U.S. court against a foreign entity for a tort allegedly committed in
the United States or overseas.
Venezuela seizes the assets of World Oil, Inc., a U.S. firm. World Oil's recovery from Venezuela in a U.S. court may be prevented by
the act of state doctrine.
Tropic Foods Corporation, a U.S. firm, owns property in Ecuador. When the Ecuadoran government seizes the property, Tropic Foods asks a U.S. court to order the property's return. The court rules that Ecuador is exempt from the court's jurisdiction. This is
the doctrine of sovereign immunity.
Suisse Internationale, a Swiss maker of athletic equipment, enters into a price fixing agreement with Team Sports, a U.S. wholesaler of Suisse's products. U.S. courts will apply U.S. antitrust laws if
the price fixing has a substantial effect on U.S. commerce.
Sofia, a citizen of Chile, and Trent, a citizen of the United States, enter into a contract. When Trent breaches the contract, Sofia obtains an award of damages in a Chilean court. She asks a U.S. court to enforce the award. The U.S. court defers to and enforces the Chilean court's decree. This is
the principle of comity.
World Sports Corporation is a U.S. firm with a facility in Spain. Generally, World Sports must abide by U.S. anti-discrimination laws in Spain
unless to do so would violate the law of Spain.
