Brazil’s state oil company and one of its big U.S.-based drilling contractors are locked in bitter litigation following allegations that the contractor won a disputed contract by paying bribes through a middleman.… Continue Reading
Posts Tagged: arbitration
Recently a trend toward state court review of arbitral awards has emerged, especially when criminal activity is alleged, and no matter what side of the debate you are on, there’s no denying a change is afoot. … Continue Reading
The degree of transparency to be afforded to Investor State Dispute Settlements (ISDS) arising from the proposed Transatlantic Trade and Investment Partnership (TTIP) is currently exercising the EU parliament.
Concerns have been expressed that if the handling of disputes between investors and government are kept private, there is a risk of private interests and determinations subverting sovereign and EU legislation.… Continue Reading
An interesting aspect of the dispute that has arisen between AgustaWestland and the Indian government for the supply of 12 helicopters is the status of the arbitration agreement.
As the FCPA Blog has reported, the Indian government has rejected AgustaWestland’s contentions that the contract cannot be terminated until the conclusion of arbitration on the grounds that integrity-related issues are not subject to such dispute resolution.… Continue Reading
India’s emergence as the largest importer of weapons in the world has coincided with well-intentioned efforts to clean up a procurement process with a history of bribery problems.
However, a blacklist system to ban errant arms dealers has potentially weakened efforts to modernize India’s outdated military and done little to actually stem corruption.… Continue Reading