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 round of Arbitration Tips-N-Tools, Professor Amy Schmitz asks some of the leading arbitration practitioners about when an online arbitration (OArb) might be less beneficial than in-person arbitration, especially...
By Olof Heggemann, Oladeji Tiamiyu, Myriam Seers, Amy SchmitzThis article first appeared on the Securities Arbitration Alert Blog, here. FINRA Dispute Resolution Services (“DRS”) has posted case statistics through June, with most trends persisting. We offer these headlines:...
By George FriedmanThis article first appeared on the Davis Wright Tremaine LLP blog, here. A recent California Court of Appeal decision (Bannister v. Marinidence OPCO, LLC) provides employers with important guidance about...
By Crystal Miller-O'Brien, Beatrice Nuñez-Bellamy
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