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Regular version of the site

Legal Aspects of International Business

2021/2022
Academic Year
ENG
Instruction in English
6
ECTS credits
Course type:
Elective course
When:
2 year, 1, 2 module

Instructor

Course Syllabus

Abstract

The course aims at comprehensive study of the fundamentals of jurisprudence, specifically the basic legal notions and institutions that are of special importance in international business and management. The goal of the course is also to form ideas on interactions between particular elements of the legal, financial systems and business models and strategies of the Russian Federation and other jurisdictions, both at the macro-level (governmental policy and regulation) and micro-level (corporate and entrepreneurial issues). Moreover, the purpose of the course is to develop professional skills necessary for practical activities, such as correct and relevant application of the legal acts, comprehensive legal analysis of institutions and cases arising in a day-to-day business practice.
Learning Objectives

Learning Objectives

  • comprehensive study of the fundamentals of jurisprudence, specifically the basic legal notions and institutions that are of special importance in international business and management
Expected Learning Outcomes

Expected Learning Outcomes

  • be able to analyze situations and facts taking into account acquired skills and knowledge
  • be able to conduct brief legal studies in relevant business fields
  • be able to evaluate the effectiveness of administrative and judicial decisions
  • be able to reflect on the content of legal acts and apply them for managerial and entrepreneurial tasks
  • be able to set goals and tasks related to the performance of professional functions
  • Be able to use the course terminology when discussing theoretical and practical issues
  • Have the following skills adequate use of relevant theories, categories and legal norms
  • Have the following skills drafting and conclusion of international commercial contracts
  • Have the following skills drafting the negotiations strategy
  • know basic notions, categories, institutions and subjects of study within the main sections of the course
  • know be able to explain them and give examples of similar cases in actual business practice
  • know features common for transnational business practices (in terms of their economic nature and legal status)
  • know legal characteristics of the corporate property
  • know main features of the legal regulation of business activity
  • know specific legal aspects of certain types of contracts and obligations used in entrepreneurial and corporate practices
Course Contents

Course Contents

  • Basics of Legal Regulatory Mechanisms. Formation of a legal norm. Types of norms. National and International levels of regulation. Subjects of Law: features and legal status
  • Alternative non-governmental regulation methods: self-regulation and lex mercatoria. International Soft Law and Sustainable Development: the Role of International Business
  • Transactions and Contracts. Basic Private Law terms and unified rules. Primary conditions of International trade contracts
  • Dispute resolution methods. Negotiations, mediation. International Commercial Arbitration. Rules of State Civil Procedure: pro et contra
  • Financial markets, investment and State Regulation. Banking services market. Insurance market. Securities market. Global Legal and Organizational Response to money laundering, corruption and financing of terrorism. Legal framework for investment activities. State guarantees. Types of foreign investment
  • Antitrust Law. Restrictions of monopolistic activities at commodity markets. Unlawful/unfair competition: the concept and types of unfair competition. Legal consequences of violation of antitrust legislation
  • The concept of intellectual property. Legal regulation.
  • Legal responsibility for economic offences. Basics of Administrative and Criminal Law
Assessment Elements

Assessment Elements

  • non-blocking Test
  • non-blocking In-class Participation
  • non-blocking Exam
    Examination assignment is performed in a written form during the end-of-term period. Written examination assignment is carried out in the classroom (online conference room) in lecturer’s presence, implies resolution of two (2) practical cases based on the materials of judicial practice, allows students to demonstrate the knowledge and skills acquired during the course. The task should be completed within two academic hours (120 minutes)
Interim Assessment

Interim Assessment

  • 2021/2022 2nd module
    0.31 * Test + 0.29 * In-class Participation + 0.4 * Exam
Bibliography

Bibliography

Recommended Core Bibliography

  • Jaap Hage, Antonia Waltermann, & Bram Akkermans. (2017). Introduction to Law (Vol. 2nd ed. 2017). Springer.
  • Richard Appelbaum, William Felstiner, & Volkmar Gessner. (2001). Rules and Networks : The Legal Culture of Global Business Transactions. Hart Publishing.

Recommended Additional Bibliography

  • Gerard Caprio Jr, Douglas D Evanoff, & George G Kaufman. (2006). Cross-border Banking: Regulatory Challenges. World Scientific.
  • Marson, J. (2011). Business Law: Vol. Second edition. OUP Oxford.