Application of international law

Assignment Help Business Management

Reference no: EM13858981

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 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?

Reference no: EM13858981

Questions Cloud

Identify short- and long-term benefits to the organization : Identify short- and long-term benefits to the organization in financial terms

How environment might affect personality disorders : Provide your analysis of the roles heredity, the environment, and epigenetics play in the development of personality. Discuss how heredity and the environment might affect personality disorders. This section will be approximately three to five p..

Healthcare marketing in an hco''s strategic planning process : What is the role of healthcare marketing in an HCO's strategic planning process? Provide an example. Be sure to identify and discuss basic marketing elements. Be sure to discuss why effective communication is paramount in getting the right message ac..

Determine the area from the ua product : Calculate the overall heat transfer coefficient (U) for the assumed tube diameter, finshape and material. Use correlations to estimate hot-and cold-side convectioncoefficients, conduction resistance, contact resistance (if any), and fouling resist..

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 cla..

Definition and purpose of normalization : Explain how 3rd Normal Form can reduce insert, update and delete anomalies

Identify data type and measurement scale of each variable : Identify the data type and measurement scale of each variable - Create a simple frequency table to show the distribution of employees' departments. Comment on the distribution.

New technological is always being introduced : New technological is always being introduced. Create a list of two of the most important criteria that would help an organization determine when to upgrade or make a new technological investment. As a purchasing agent you have been tasked to secure..

Preferences are represented by utility function : Ann’s preferences are represented by a utility function UA(x). Suppose one were to (coloquially) say that Carol has more “sensitive preferences” than Ann: her utility function UC (x) satisfies UC (x) = 2UA(x). Prove that for every choice set, Ann and..

User Account

All Pages