Contractual Considerations and Jurisdiction over Breaches and Civil Liability of Overseas Business Associates

• Author: Rachel V. Rose - Jonathan P. Tomes - Lance H. Rose
• Pages: 39-46

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As Apple CEO Tim Cook indicated, a lot of growth is

occurring in international markets. And this growth is

not limited to Apple products. This is a key consideration

for practitioners and businesses alike. Microsoft stated,

“The internet and cloud computing are erasing geographic

boundaries for the ow of information. The Internet makes

Contractual

Considerations and

Jurisdiction over

Breaches and Civil

Liability of Overseas

Business Associates

“Our foreign subsidiaries hold 70 percent of our cash because of

the very rapid growth of our international business. We use these

earnings to fund our foreign operations, such as spending billions of

dollars to acquire equipment to make Apple products and to nance

construction of Apple retail stores around the world.”

—Tim Cook, CEO, Apple

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