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2 Choice of the law governing the substance of the dispute
What drives decisions about
the law governing the
substance of the dispute?
More generally, a number of interviewees said
they will research potential governing laws, or
seek advice from their external counsel before
making their decision. It also transpired from
the interviews that corporations with
substantial experience in international
business have unwritten, or even written, lists
of the laws they are prepared to consider as
governing laws.
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