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Public International Law - Bussiness Law - Lecture Slides, Slides of Commercial Law

Public International Law, International Community, Form of Customary, International Agreement, General Principles, Major Legal Systems, Upheld Seizure, Damages, Ancient Usage, International Law are some points of this business law lecture.

Typology: Slides

2011/2012

Uploaded on 12/11/2012

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Download Public International Law - Bussiness Law - Lecture Slides and more Slides Commercial Law in PDF only on Docsity! IMBA 571 PUBLIC INTERNATIONAL LAW & ORGANIZATIONS Abu Shouk refugee camp in Sudan Photo by US Representative Frank Wolf docsity.com PUBLIC INTERNATIONAL LAW • “A rule of international law is one that has been accepted as such by the international community of states: a. in the form of customary international law; b. by international agreement; or c by derivation from general principles. common to the major legal systems of the world.” docsity.com CASE: The Paquette Habana Supreme Court Ruling • REASONING (cont.): – Doctrine that exempts fishing vessels from capture has been known to US – “International law is part of our law . . . “ – “Where there is no treaty. . . [we look to] the customs and usages of civilized nations…” • RULING: – US must pay owner for damages docsity.com The Law of Treaties Vienna Convention, in force 1980 • Codified some customary int’l law • Applies to bilateral or multilateral • Not all nations are signatory A t 26 “P t t d ”• r . ac a sun servan a : – “Every treaty in force is binding upon the ti t it d t b f d bpar es o an mus e per orme y them in good faith.” docsity.com The Law of Treaties • Treaty termination allowed if – fundamental change in circumstance, or if treaty violates jus cogens (premptory– norm of general international law) docsity.com United States v Alvarez- . Machain, Supreme Court Ruling • RULING: – Treaty does not obligate states to refrain from abduction, but only provides a mechanism where no other exists – Treaty is NO defense – US jurisdiction exists docsity.com Impact of Treaties on Business • Treaties impact private individual rights since State’s obligation becomes a citizen’s obligation docsity.com Example: Montreal Protocol • Title: Montreal Protocol on Substances That Deplete the Ozone Layer – US ratified in 1988; entered into force 1989 – Implemented in the US through the Clean Air Act: auto emissions limits, inspections, catalytic converters, fuel ingredients… – “Perhaps the single most successful international agreement to date...“ Kofi Anan docsity.com INTERNATIONAL ORGANIZATIONS • Most via the United Nations – FAO, ILO, UNESCO, WHO, WIPO • Commissions est for special purpose . – UNCTAD, UNICITRAL, UNIDROIT… docsity.com BRETTON WOODS ORGS. • Int’l Monetary Fund (IMF) – 181 states – lends money to developing nations to assist with problems of economic development • World Bank – assists member states, rich or poor, with balance of payment •Controversy d thproblems and finances development projects in developing nations surroun s ese organizations •Photo: Kyrgyz citizens protest World Bank in ‘06 docsity.com GENERAL AGREEMENT ON TARIFFS & TRADE (GATT) • Grew out of post-WWII economy – Purpose was to commit member states to principles of nondiscriminatory trade – Eventually led to more formal WTO body • World Trade Organization – now the dispute resolution body for GATT docsity.com
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