Final answer:
If two English multinational companies had a dispute arising in New York City, and there were no choice of law or choice of forum clauses in their contract, it is likely that the dispute will be resolved in the court of New York City (option 1).
The dispute between two English multinational companies arising in New York City is likely to be resolved by the court of New York City, as international courts like the ICJ or ICC do not handle private business disputes.
Step-by-step explanation:
If two English multinational companies had a dispute arising in New York City, without any choice of law or choice of forum clauses present in their contract, it is likely that the dispute will be resolved in the court of New York City (option 1). This is because generally, courts will assert jurisdiction based on where the dispute arises or where the parties are located or conduct business.
Since the question specifies that the dispute arose in New York City, local courts would ordinarily have jurisdiction over the matter. In international disputes, courts consider various factors such as the location where the dispute occurred, where the contracting parties are situated, and where the performance or breach took place to determine jurisdiction.
It is important to note that the International Court of Justice (ICJ) and the International Criminal Court (ICC) deal with state-to-state and individual criminal cases respectively, not disputes between private entities. Therefore, an international court would not have jurisdiction over this dispute.