Sold hundreds of millions of dollars worth of goods

Assignment Help Operation Management

Reference no: EM131764501

Miga, a French company, sold hundreds of millions of dollars worth of goods, much of it on credit, to various agencies of the Russian government. The first deals were made with the Union of Soviet Socialist Republics (USSR), then, after the collapse of that government in 1991, with the Federative Socialist Soviet Republic of Russia (RSFSR), the successor government. The agreements called for binding arbitration of any disputes at the Chamber of Commerce of Stockholm, Sweden, under Swiss law, and subject to enforcement in court in New York. Following failure to make payments, the arbitrator awarded Miga $275 million, which Russia refused to pay. Miga brought suit in federal court in New York to enforce the arbitration award.

You be the judge. Who wins? Why? Make sure you address all the issues.

Reference no: EM131764501

Questions Cloud

Economic order quantity for dyson vacuum cleaners : Calculate the economic order quantity for Dyson vacuum cleaners with the following given numbers.

Re-order point for fixed-time period inventory system : Compute the re-order point for a fixed-time period inventory system assuming 52 weeks per year of operation.

Describe the pest analysis in the external environment : Describe the PEST analysis in the external environment? Indicate three examples for each category.

Business in outdoor material : John started his business in outdoor material.What is the quantity of JR HAMMER 3/2 wetsuits he had to order to maximize profit according to News Vendor Model.

Sold hundreds of millions of dollars worth of goods : Miga, a French company, sold hundreds of millions of dollars worth of goods, much of it on credit, to various agencies of the Russian government.

Quality characteristic of interest is normally distributed : A production line is in-control, centered and the quality characteristic of interest is normally distributed. The Process Capability Ratio Cpk = 0.90

To monitor the quality of pepperoni pizzas : To monitor the quality of pepperoni pizzas, a quality control manager collects random samples of pizzas and evaluates them.

Relationship between capabilities and core competencies : What is the relationship between capabilities and core competencies?

Do you think that investments in e-commerce : Do you think that investments in e-commerce will lead to a sustainable competitive advantage for retailers

User Account

All Pages