Open Access. Powered by Scholars. Published by Universities.®

Business Organizations Law Commons

Open Access. Powered by Scholars. Published by Universities.®

Liability

Northwestern Pritzker School of Law

Articles 1 - 1 of 1

Full-Text Articles in Business Organizations Law

The Alien Tort Claims Act: Temporary Stopgap Measure Or Permanent Remedy, Borchien Lai Jan 2005

The Alien Tort Claims Act: Temporary Stopgap Measure Or Permanent Remedy, Borchien Lai

Northwestern Journal of International Law & Business

As the world has become smaller through technological advances in travel and communication, the international marketplace has grown larger. The United Nations ("U.N.") estimates that the number of multinational corporations tripled between 1988 and 1997 to 60,000. As these corporations increase their investments abroad, they also face proportionately increasing pressure from investors to run successful operations and increase profits. The result of this dynamic is well-documented. Multinational corporations invest heavily in underdeveloped countries where natural resources are abundant and labor is cheap. To facilitate operations in the country, the corporations must establish a rapport with the host governments-and often, in …