Effective Vindication in Name Only: How Arbitration Rights Now Depend on Geography

By Braxton Johnson Defendants invoke arbitration to control costs, timelines, and exposure, but courts must still confront a threshold question: will arbitration permit plaintiffs to meaningfully vindicate federal statutory rights? In Italian Colors, the Supreme Court of the United States (SCOTUS) sought to answer this question by recognizing the “effective vindication doctrine,” which bars enforcement…

Recognition and Enforcement of Foreign Arbitral Awards in Vietnam

By Dr. Nguyet Le Background Five years after ratifying the New York Convention 1958 (the NYC), Vietnam enacted its first Commercial Arbitration Law on June 17, 2010 (Law 54). Law 54 differentiates between the annulment review of domestic arbitral awards’ proceedings and the recognition and enforcement of foreign arbitral awards. It remains controversial whether this…

Raytheon on the Hot Seat: What a $950 Million FCPA Case Teaches MNEs About Arbitration and Compliance

By Alexandra Schieferer On October 16, 2024, defense giant Raytheon Company agreed to pay over $950 million to settle allegations of Foreign Corrupt Practices Act (FCPA) violations, defective pricing, and export control breaches, marking one of the largest joint settlements in recent years. This enforcement action illustrates how corruption investigations can spiral into cascading contractual…

London’s Legal Renaissance: Revamping the UK’s Arbitration Act

By Lucas Vieweg, Articles Editor London, the iconic British capital city, has an impressive and storied history; it is a cosmopolitan city where artists, inventors, financiers, and tourists cross paths every day. Its landmarks are instantly recognizable, and its ever-present status as a world city is undisputed. However, what truly sets London apart is its…