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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This article was first published in the Thomson Reuters Blog, here. On 25 January 2022, the Court of Justice of the European Union (ECJ) handed down its judgment in the...By Nikos Lavranos
In this episode of The Arbitration Conversation Amy interviews Prof. Michael Z. Green from Texas A&M School of Law on diversity in arbitration. https://youtu.be/8C8YYNeGZtIBy Michael Green, Amy Schmitz