"Carlyle Group LP (CG) won a Delaware Supreme Court ruling that Delaware, not Kuwait, is the proper place to try an investment-contract case with National Industries Group Holding.
The state’s high court yesterday upheld a judgment by Delaware Chancery Court saying the companies were “sophisticated international organizations” and knew what they were doing when they agreed to Delaware courts as a venue for possible disputes.
“Forum selection clauses have become a vital part of interstate and international commercial agreements,” according to the decision. “The parties agreed that the courts of Delaware meet their standards of neutrality and expertise in commercial litigation.”"
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