Corporate Court

From Sixth World Wiki

The Corporate Court is an arbitral body with supreme authority over disputes involving extraterritorial megacorporations. It was founded by seven corporations in 2023, and recognized by corporations on an individual basis to settle dispute. Since 2043, the court is recognized by states signing the Business Recognition Accords.

The court sits onboard Zurich-Orbital orbital station. The court counts 13 members (usually referred as "justices"), individuals elected on the behalf of a corporation. Megacorporations who possess a representative on the court are rated as AAA Prime Megacorporation, and lose that rating when it's no longer the case. Each megacorporation represented also receives a single share in Zurich-Orbital Gemeinschaftsbank (and only one share, even if it possess several representatives). Representatives' terms are staggered with a new election every six months. By status, the seven founding corporations who initially created the court in 2023 must retain at least one representative seating on the court at any time (thus, they can't lose AAA status).

When the term of a founding corporation's last representative is over, only this corporation can present candidates for election (or reelection). Otherwise the election is open to representatives from any AA or AAA megacorporations recognized by the court. By winning a seat onto the Court, a AA megacorporation becomes a AAA megacorporation, regardless of size. This was especially noteworthy when Novatech replaced Fuchi Industrial Electronics even though it was suggested to be smaller than some AA megacorporations.

The Court also maintains embassies around the world in various world capitals to liaison between national governments and the Court (and its members).