A Houston corporation contracted for a German corporation to tow a drilling rig from Louisiana to the coast of Italy, where the Houston Company was to drill wells. The contract provided that: "Any dispute arising must be treated before the London Court of Justice." While on its way to Italy, the rig was damaged by a storm. The German tug towed the rig to Tampa, Florida, the nearest port. The Houston Company sued in the U.S. District Court, seeking $3.5 million damages from the German company. Is the use of the American court proper in this situation? What effect would the contract clause have on the lawsuit? [M/S Bremen v. Zapata Off-Shore, 92 S.Ct. 1907 (1972)]