\nMonarch 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.
\nMonarch 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.
\nUsing 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.
\nUse the following file naming convention: LastnameFirstInitial_M1_A3.doc.
\nRespond to the following questions in your essay:
\nWhat laws govern arbitration in the U.S.? In Russia?
\nIn your opinion, in which country should the dispute be handled?
\nWhat are the advantages and disadvantages for Monarch Associates under the arbitration arrangement?
\nIf you were Monarch Associates? in-house counsel, what advice would you give them on negotiating future joint ventures with Russian businesses?
\nWhat other considerations should Monarch Associates keep in mind in the formation of any future contracts with foreign companies?
\nSubmit your assignment to the W1: Assignment 3 Dropbox by Wednesday, January 4, 2017.
\nAssignment 3 Grading Criteria\t
\nMaximum Points
\nEvaluated and explained the legal aspects of contracting internationally.\t
\n35
\nExplained the applicability of the arbitration clause in this setting.\t
\n35
\nApplied the legal principles to the facts to describe potential outcomes.\t
\n15
\nSupported statements with reasons and research.\t
\n10
\nApplied APA standards for editorial style, expression of ideas, and format of text, citations, and references.\t
\n5
\nTotal:\t
\n100<\/p>\n
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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 Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11015","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/11015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=11015"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/11015\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=11015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=11015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=11015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}