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…
Tag: dispute-resolution
Should Naming the Arbitral Seat not be Enough?
By Jeremy Hernandez-Lum Tong In 2020 and 2021, the Supreme Court of the United Kingdom (“UKSC”) made two seminal decisions on the law governing arbitration agreements, namely Enka Insaat Ve Sanayi AS v OOO Insurance Company Chubb and Kabab-Ji SAL v Kout Food Group. The latter, Kabab-Ji UKSC, recapitulated the reasoning in Enka, but differed…
The Evolving Landscape of Consumer Arbitration: Lessons from Coinbase, Ticketmaster, and Disney
By Jack Moore Last year was a busy one for arbitration in the United States. The Supreme Court decided three cases in 2024 pertaining to arbitration, the Ninth Circuit decided another, and in August, a high-profile dispute involving the Walt Disney Company brought the word “arbitration clause” into the popular conversation. The landscape of consumer…
Artificial Intelligence in Arbitration: Sh-AI-ping the Future
By Philip Winkle Introduction If you grew up watching science fiction, you probably expected the robot takeover to resemble The Terminator, I, Robot, or The Matrix. But, instead of battling automatons or desperately hacking the algorithm trying to override humanity’s destiny, this Brave New World is really just you—someone working in or studying international arbitration—staring…
U.S. Courts Will Not Deny Enforcement of an International Award Even if Corruption Tainted the Contract
By Deborah Slattery-Pereira In August 2024, the 11th Circuit addressed the role of U.S. Courts in recognizing non-domestic awards when one of the parties alleged that corruption tainted the contract. This case involved a breach of contract dispute between Commodities & Minerals Enterprise, Ltd. (“CME”), a commodities intermediary trader under the laws of the British…
