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)
xxxxxxxxxxx of international xxx
file1.doc preview (1546 words)
Running xxxxxxx ARBITRATION ARBITRATION xxx PAGE xx MERGEFORMAT �7�
xxxxxxxxxxx xx international law
Introductions to xxxxxxx Arbitration xxxxxxxxxx
International xxxxxxxxxxx is a xxxxxx xx resolving xxxxxxxx that occur xx a xxxxxx of xxxxxxxxxxxxx commercial agreement and other xxxxxxxxxxxxx related xxxxxxxxxxx Since this xx a xxxxxxxxxx form of settling xxxxxxxxxxxxx disputes, it means xxxx xx more than xxx way, arbitration xxx xx used xx xxxxxxxxx international xxxxxxxxxxxxxx xxx xxxxxxx involves xxx creation xx contracts and xxxxxxxxx xx means xxxx the countries involved must be xxxx xx xxxxxxxxxx the terms and xxxxxxxxxx of xxx xxxxxxxxx xxx practice xx international xxxxxxxxxxx is xxxxxxxxx xx xxxx a xxx xxxx xxxxxxx xxx be allowed xx participate despite xxxxx xxxxxxxxxxx in xxxxx of xxxxxxx and xxxxxxxxx The process of international xxxxxxxxxxx is xxxxxxx xxxxxxxxxx because of the growing number xx xxxxx border business xxx commercial xxxxxxxxxxx countries xxx xxxxxxxx xxxxxxxxxxx in both xxxxxxx xxx xxxxxxxx xxxxxxxxxx activities.
Arbitration xxxxxxxxxx xx Russia
In Russia, international arbitration xxx xxxx recognized xx x xxxx xx xxxxxxx resolution where commercial xxxxxxxx xxx xxxxxxxxxx xx xxx Soviet Union for example, contracts xxxx xxxxxxx some state organizations and foreign companies
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