The NLC promotes international economic development through legal reform.
Over the past 23 years under the leadership of Dr. Boris Kozolchyk, the NLC has built a stellar reputation within the international community as a leading provider of legal reform services, ranging from researching, drafting, and assisting with the implementation of model commercial laws and regulations, to judicial reform and training. The NLC's staff and roster of professionals includes some of the world's most recognized experts in the area of comparative commercial law, and the NLC's research covers many substantive areas of commercial law and related, including: alternative dispute resolution, banking, bankruptcy, business formation and associations, customs, electronic commerce, microfinance, intellectual property, investment securities, judicial reform and training, labor, products liability, real estate, securitization, secured transactions, and transportation.
The NLC has been retained repeatedly by international institutions, including the World Bank, the Millennium Challenge Corporation (MCC), Corporacion Andina de Fomento (CAF), the Inter-American Development Bank and the United States Agency for International Development, to name a few. Though the NLC was originally formed to assist with implementation of NAFTA, the NLC has grown beyond the scope of its name, and is now performing project work and scholarship that is reshaping legal systems in Asia, Africa, and the Americas.
For over two decades, the NLC has served as a special consultant to the U.S. State Department in a wide variety of commercial law matters impacting communities around the globe, and has served as the U.S. State Department's representative to the United Nations Commission on International Trade Law as well as part of the U.S. Delegation to the NAFTA 2022 Committee. In addition, the NLC has consulted with foreign governments and NGOs in Latin America (Mexico, Costa Rica, Colombia, Chile, Guatemala, El Salvador, Peru, and Honduras), in Africa (Malawi, Ghana, Liberia, Sierra Leone, South Sudan, Nigeria, Zambia, and Zimbabwe) and more recently in Asia (China, Indonesia, Bangladesh, Thailand, Vietnam, and Pakistan), assisting with the development and implementation of legal reforms designed to harmonize laws and rules of practice that promote economic development within those countries.
The creation of reliable and harmonized legal structures for business has a profound and very practical impact on daily life around the globe. The NLC's secured transaction law reforms allow micro, small and medium-sized businesses (MSMEs) to use their inventory, equipment, accounts receivable, and household goods as collateral for loans, enabling businesses to obtain the financing they need to grow. A reliable collateral registry gives lenders and buyers of assets confidence that their security interests and rights are protected, resulting in a willingness to lend and trade. These legal reforms permit the growth of credit for MSMEs, fostering a better standard of living through increased productivity of both people and capital.
In addition, harmonized documentation, such as invoices, negotiable instruments, bills of lading, and warehouse receipts, whether utilized in letters of credit or 'supply chain financing' transactions, protects buyers, sellers, and lenders in the cross-border shipment of goods and services and reduces transactional costs. These reforms foster economic growth by building institutional trust and facilitating intranational and international business transactions that knit together companies and people across the globe.
The NLC has convened many important international conferences, both in Tucson and around the globe, on its own behalf and on behalf of various national governments or international organizations. In addition, the NLC hosts professional training and other capacity building programs, all of which are deemed practical extensions of its legal reform agenda. The NLC's professional training efforts have included many programs conducted in Mexico (Civil and Criminal Oral Trial Training, Competition Law Training), Colombia (Bankruptcy Law and Oral Trial Training), and Honduras (Secured Transactions Law Training). Going forward, the NLC desires to build on its existing professional training expertise and explore new opportunities, with the goal of institutionalizing the training programs to create repeatable processes and materials, and expanding the scope of its training activities to cover all of the countries where the NLC performs project work.
Detailed lists of the NLC's project work, scholarship, hosted conferences, professional training, and other capacity building programs are available upon request.