The success of international business depends on the quality of contracts signed. Too often, if the relationship between parties happens to deteriorate, loopholes in the contract make the situation worse; had the contract been better drafted the relationship could have been preserved. Negotiating and drafting a contract are skills and techniques that need to be learned, as does managing the “post-contract” and dealing with different kinds of conflict resolution. This seminar will focus, through the study of a mock case, on the main problems that arise in international contracts at different times of their life. The essential and accessory contract clauses, including the ICC model clauses will notably be presented and a particular focus will be given to avoiding and resolving disputes. Furthermore, the new version of the Incoterms® 2010 rules, coming into effect on 1 January 2011, will be presented by the Senior Policy Manager of the ICC Commission on Commercial Law and Practice who oversaw the development of Incoterms® 2010 rules.