Category: Commercial Contracts

Choice of Law and Choice of Forum in Commercial Contracts

Choice of Law and Choice of Forum in Commercial Contracts Annual GMS of Limited Liability Company (PT) in Indonesia

“In accordance with the principle of freedom of contract, any contracting parties can determine the choice of law and the choice of forum in commercial contracts. While it is not mandatory to do so, determining such choices can be beneficial to the contracting parties under certain considerations.” In Indonesia, the laws and regulations acknowledge a […]