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
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body preview (19 words)
xxxxxx xxx attached xxxx
Its already xxxx by x xxxxxxxx Answers are xxxxxxxx but xxx only xx x xxxxx
file1.docx preview (1074 words)
xxxxxxxxxxx xx xxxxxxxxxxxxx xxx
Business Law and Corporate Ethics x xxxxxx A01
xxxxxxxxxx xxxx may apply when entering into a xxxxxxxxx xxxxxxx domestic or international. The xxxxxxx may also xxxxx xxxx xxx xxxx of one xx xxx countries xxxxx to the interpretation of the xxxxxxxxx xxxx xxxxx to xx the case with xxxxxxx xxxxxxxxxxx x U.S. computer parts xxxxxxxxxxxxx when xxxx entered into x xxxxx venture with a Russian computer xxxxxxxxxx xxxxxxxx Vladir xxxxxxxxxx xxx joint venture xxxxxxxxx was signed xx xxxx xxxxxxx xxx created by xxxxxx xxx had an xxxxxxxxxxx clause xxxx xxxxxx xxx all xxxxx and non-legal disputes, to xx arbitrated in xxxxxxx Vladir could also xxxxxx xxxxxxxxxxx from a panel maintained xx the Russia xxxxxxxxxxx xxxxxxxxxxxx xxx panel xxxxxxx xxxx in Russia. xxxxxxx now contends xxxx x xxxxx dispute xxxx xxxxxx should xx xxxxxxx xx xxx United States. Vladir xxxxxxx that the xxxxxxx xxxxxx xx handled xx
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