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Subcontinental Telecommunications Solutions
Examines an Indian joint venture between a large U.S. telecommunications company and a small Indian software company, including a business and legal analysis of a joint-venture term sheet. Issues include extraterritorial application of U.S. antitrust and civil rights laws, protection for computer software afforded by Indian intellectual property and employment law, application of the U.S. Foreign Corrupt Practices Act, and circumstances under which a buyer of goods can stop payment on a letter of credit issued in favor of a seller that shipped nonconforming goods.