Hello, if anyone is knowledgeable on the subject of International Partnership Law, I would appreciate the input for this series of questions. The two nations involved are China and the USA.
(1) To obtain a lawyer's assistance with reviewing or contributing to the creation of an International Partnership Agreement between a US and Chinese company a significant amount of money? Is this is a $1k, $5k, or $10k+ type of service, or depend? Do you pay a large service fee initially and then keep the lawyer on retainer for ongoing fees?
(2) How strong are the agreements in terms of holding the other part liable for breach of partnership agreement, and violating international partnership law.
One time, I really worked well with a Chinese company enough so that they trusted me with over $7k of their sales. It is a long story, but eventually they betrayed the partnership by opening another company and directly competing against our partnership. If I had a contract with them to begin with perhaps they would never have gone down that road. It is still a moral dilemma whether to give back to them some of the $7k.
Any comments on the feasibility of these agreements and whether they are worth anything considering the difficulty of holding the partner liable for damages.
Thanks for reading.
(1) To obtain a lawyer's assistance with reviewing or contributing to the creation of an International Partnership Agreement between a US and Chinese company a significant amount of money? Is this is a $1k, $5k, or $10k+ type of service, or depend? Do you pay a large service fee initially and then keep the lawyer on retainer for ongoing fees?
(2) How strong are the agreements in terms of holding the other part liable for breach of partnership agreement, and violating international partnership law.
One time, I really worked well with a Chinese company enough so that they trusted me with over $7k of their sales. It is a long story, but eventually they betrayed the partnership by opening another company and directly competing against our partnership. If I had a contract with them to begin with perhaps they would never have gone down that road. It is still a moral dilemma whether to give back to them some of the $7k.
Any comments on the feasibility of these agreements and whether they are worth anything considering the difficulty of holding the partner liable for damages.
Thanks for reading.
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