By: Emily Granja, Junior Staffer On October 23,2023, England’s High Court of Justice ruled in favor of the Federal Republic of Nigeria in Nigeria v. Process & Industrial Developments Ltd. (P&ID). Reviewing the case, the High Court vacated P&ID’s $11 billion arbitral award after finding significant evidence of fraud and bribery. While the High Court’s…
Category: Commercial
The Hong Kong Exodus: How Corporate Relocation Shapes the Landscape of International Commercial Arbitration
By: Isha Jadhav, Junior Staffer Many United States (“U.S.”) and Western companies are relocating out of Hong Kong, a long-revered hub for financial institutions. The question at hand is whether this so-called “exodus” impacts the scope of commercial arbitration within Hong Kong. Hong Kong has been a popular arbitral seat for many years partially because…
Forced Arbitration in Tesla’s Consumer Contracts
by: Abby Hug, Senior Staffer The Federal Arbitration Act (FAA) reflects a federal policy that strongly favors arbitration for resolving disputes, especially regarding written agreements between a buyer and seller. Arbitration appeals to organizations because arbitrators tend to issue results that favor the company that hired them, it is cheaper than litigation, and keeps product…
Goldman Sachs and 1MDB Arbitration
By: Benin Lee, Articles Editor In early October 2023, Goldman Sachs filed a suit against the government of Malaysia in the London Court of International Arbitration (LCIA). This developing case serves as an informative resource on contemporary arbitration developments while stimulating discourse on the advantages of LCIA arbitration and the strategic decisions made in international…
Arbitration at the ILO: A New Mechanism
By: Yonah Wasik; Senior Staffer In over 100 years of international arbitration, courts have settled only one labor arbitration case. In April 2013, the Rana Plaza Factory in Dhaka, Bangladesh, collapsed and killed over 1,100 workers in the garment industry, injuring many more. By 2018, the Permanent Court of Arbitration (PCA) oversaw and settled the…
