M1 A3: Application of International Law
Assignment 3: Application of International Law
Monarch Associates, a U.S. computer parts manufacturer, entered into a joint venture with a Russian computer technology company, Vladir Unlimited. The joint venture agreement was signed by both parties but created by Vladir and had an arbitration clause that called for all legal and nonlegal disputes, to be arbitrated in Russia. Vladir could also choose arbitrators from a panel maintained by the Russia Arbitration Institution. The panel members live in Russia.
Monarch now contends that a legal dispute with Vladir should be handled in the United States. Vladir insists that the dispute should be handled in Russia.
Using your textbook, the Argosy University online library resources, and the Internet, research international law and its application to companies such as these. Write a five-page paper in Word format. Apply APA standards for writing style to your work.
Use the following file naming convention: LastnameFirstInitial_M1_A3.doc.
Respond to the following questions in your essay:
- What is the Russia Arbitration Institute?
- What laws govern arbitration in the U.S.? In Russia?
- In your opinion, in which country should the dispute be handled?
- What are the advantages and disadvantages for Monarch Associates under the arbitration arrangement?
- If you were Monarch Associates’ in-house counsel, what advice would you give them on negotiating future joint ventures with Russian businesses?
- What other considerations should Monarch Associates keep in mind in the formation of any future contracts with foreign companies?
Submit your assignment to the W1: Assignment 3 Dropbox by Wednesday, August 14, 2013.
|Assignment 3 Grading Criteria||
|Evaluated and explained the legal aspects of contracting internationally.||
|Explained the applicability of the arbitration clause in this setting.||
|Applied the legal principles to the facts to describe potential outcomes.||
|Supported statements with reasons and research.||
|Applied APA standards for editorial style, expression of ideas, and format of text, citations, and references.||
For assistance with any problems you may have when completing this
Application of international law
body preview (4 words)
Application xx xxxxxxxxxxxxx xxx
file1.doc preview (1554 words)
Running header: xxxxxxxxxxx xxxxxxxxxxx xxx PAGE \* MERGEFORMAT �7�
xxxxxxxxxxx xx international law
Introductions to xxxxxxx Arbitration xxxxxxxxxx
xxxxxxxxxxxxx arbitration is a method of resolving xxxxxxxx that occur as x xxxxxx xx international commercial agreement xxx other xxxxxxxxxxxxx related agreements. Since this xx a xxxxxxxxxx xxxx xx xxxxxxxx xxxxxxxxxxxxx xxxxxxxxx it xxxxx that xx more than one way, xxxxxxxxxxx can be used to xxxxxxxxx xxxxxxxxxxxxx xxxxxxxxxxxxxx The xxxxxxx involves the creation xx xxxxxxxxx xxx xxxxxxxxx it xxxxx xxxx the countries xxxxxxxx xxxx be xxxx to xxxxxxxxxx the xxxxx xxx xxxxxxxxxx of xxx contract. xxx practice xx international xxxxxxxxxxx xx xxxxxxxxx in xxxx a way that parties can xx allowed xx participate xxxxxxx xxxxx xxxxxxxxxxx in terms of culture xxx disputes. The xxxxxxx of xxxxxxxxxxxxx arbitration xx xxxxxxx xxxxxxxxxx because of the xxxxxxx xxxxxx xx xxxxx border business and commercial activities, xxxxxxxxx xxx xxxxxxxx xxxxxxxxxxx xx xxxx xxxxxxx xxx outbound investment activities.
xxxxxxxxxxx institutes in Russia
xx Russia, xxxxxxxxxxxxx arbitration xxx xxxx xxxxxxxxxx as x xxxx xx dispute xxxxxxxxxx where xxxxxxxxxx xxxxxxxx are xxxxxxxxxx in xxx Soviet Union for xxxxxxxx contracts that involve xxxx xxxxx xxxxxxxxxxxxx and foreign xxxxxxxxx
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