A little over a year before Hugo Chávez came to power in Venezuela, Huntington Ingalls Incorporated (“Huntington Ingalls,” formerly known both as Northrop Grumman Ship Systems, Inc. and as Ingalls Shipbuilding, Inc.), entered into a $315 million dollar contract with the Ministry of Defense of the Republic of Venezuela (the “Ministry”) to repair two Venezuelan Navy warships at Huntington Ingalls’s shipyard in Mississippi. The agreement contained a mandatory arbitration provision, designating Caracas, Venezuela as the exclusive arbitral forum. Years later, a substantial disagreement arose over cost overruns. The Ministry refused to pay for certain work, and Huntington Ingalls filed suit in the Southern District of Mississippi seeking damages and to compel arbitration……
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In this episode of the Arbitration Conversation, Amy interviews Rana Sajjad Ahmad, Founder and President of the Center for International Investment and Commercial Arbitration (CIICA) in Pakistan, as well as...
By Rana Sajjad Ahmad, Amy SchmitzThis article first appeared on Consumer Finance Monitor, here. A litigation phenomenon that has recently surged is the simultaneous filing of hundreds or even thousands of individual arbitration demands against...
By Mark LevinJust as we went to press came word that, based on statutory construction, the Supreme Court has decided Badgerow v. Walters, No. 20-1143, ruling 8-1 that the “look through” doctrine does...
By George Friedman