Partnership between IACCM and
Pace University School of Law's
Institute of International Commercial Law
The International Association for Contract and Commercial Management (IACCM) and Pace Law's
Institute of International Commercial Law are partnering to conduct research regarding sustainability and
stabilization clauses in international contracts. This research aims to increase knowledge of the corporate
response to increased demands for corporate accountability, sustainable development, and human rights
concerns.
IACCM is a non-profit, membership-based association that furthers the process of contracting and
relationship management in both the public and private sector. IACCM also provides a global forum for
innovation and collaboration in trading relationships and practices. Projects and research conducted by
IACCM utilize the unique insights of IACCM members, which include representatives from more than
2,000 public and private sector organizations, typically those with large revenues, international interests,
and that deal with complex or high-risk contract relationships.
This collaborative project includes the use of surveys to gather information from corporate lawyers and
contract managers on their past, current, and evolving use of sustainability and stabilization clauses in
business contracts and foreign direct investment agreements. The surveys were launched to IACCM
members on Monday, August 31, 2009, and are open to other corporate lawyers interested in participating
in the project. The survey results will be used in conjunction with the results of scholarly and trade research
to create model clauses and best practice standards. Findings will include data regarding emerging industry
standards, regional trends, and common perceptions about the use of these clauses.
At the start of the 21st Century, corporations continue to navigate and evolve the relationship between their
general Corporate Social Responsibility Policies with their day-to-day international business practices. A
strong understanding of this relationship is of increasing importance in the modern market, as it will serve
to shield a company from potential liabilities, generate positive public relations and may even have the
potential to increase efficiency. Pace Law's Institute of International Commercial Law welcomes this
collaboration with IACCM to contribute knowledge in this currently evolving and important area of law.
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