Professors Franco Ferrari and Marco Torsello cited by the Ontario Superior Court of Justice

On 17 April 2020, the Ontario Superior Court of Justice rendered its decision in  Best Theratronics Ltd. v. The ICICI Bank of Canada, 2020 ONSC 2246 (CanLII). It is decision, which evolved around a contract dispute between a claimant seated in Canada and the Republic of Korea, the Court had to address, inter alia, the question of whether the Ontario courts had subject-matter jurisdiction. In deciding the issue, the Court also referred to the 1980 United Nations Convention on Contracts for the International Sale of Goods, which the contract was subject to, and relied on a book co-authored by Professors Franco Ferrari, the Center’s Director, and Marco Torsello, professor of law at Verona University School of Law and two-time visiting professor at NYU School of Law.

The Center for Transnational Litigation, Arbitration, and Commercial Law aims at the advancement of the study and practice of international business transactions and the way to solve related disputes either through litigation or arbitration. As commercial transactions become increasingly international, it is vital to the legal and business communities to understand and analyze the practices and legal principles that govern relationships between firms and between firms and consumers in the international arena