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When is an agreement regarding venue of suits restrictive? When is it permissive?

April 26, 2017Agreement Permissive restrictive suits venue

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When is an agreement regarding venue of suits restrictive? When is it permissive?

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The agreement is restrictive in the sense that the suit may be filed only in the place agreed upon by theparties and merely permissive in that the parties may file their suits not only in the place agreed upon but also in the places fixed by the rules.