Business Disputes and Political Risks After reading this week’s chapters and doing some internet searching‚ I came across a dispute between Israel and Egypt. The dispute occurred when Egypt terminated its gas deal with Israel. The head of the Egyptian Natural Gas Holding Company has said it has terminated its contract to ship gas to Israel because of violations of contractual obligations‚ a decision Israel said overshadowed the peace agreement between the two countries. Al Jazeera and agencies
Premium Contract Ramesses II Contractual term
“Alternative Dispute Resolution (ADR) is methods of resolving disputes other than litigation.” An ADR comes in different forms like negotiation‚ arbitration‚ mediation‚ conciliation‚ mini-trial‚ fact-finding‚ and judicial referee. Arbitration is known to be the most common form of ADR. Although‚ arbitration is the most common form of ADR‚ negotiation is the best ADR to use among a learning team. According to Cheeseman (2010)‚ “Negotiation is a procedure whereby the parties to a dispute engage in
Premium Dispute resolution Mediation Alternative dispute resolution
Prefontaine Maria‚ a client in Buffalo‚ New York calls and says‚ “as you Know‚ I am a contractor who specializes in repair of problems that arise in commercial buildings. I’m thinking of inserting a provision in all of my contracts that requires any dispute to first be mediated and if that does not work‚ to be arbitrated by an arbitrator who is a member of the American Arbitration Association. I am nervous as to whether the New York state courts will enforce these sorts of provisions‚ especially if
Premium Contract Arbitration Dispute resolution
Construction Contracts and Dispute Resolution Structured essay on the construction industries reliance on the standard forms of building contracts Introduction This report will cover a multitude of contract disputes which occur within the construction industry and how the JCT Standard Building Contract is used to aid settling contract disputes in a fair manner. It will analyse and discuss a scenario where the contract is used to settle a dispute between two parties and show
Premium Construction General contractor Subcontractor
alternative dispute resolution (ADR)‚ a way of resolving disputes between two or more parties. A third party‚ the mediator‚ assists the parties to negotiate their own settlement (facilitative mediation). In some cases‚ mediators may express a view on what might be a fair or reasonable settlement‚ generally where all the parties agree that the mediator may do so (evaluative mediation). Conciliation: An alternative dispute resolution (ADR) process whereby the parties to a dispute (including future
Premium Dispute resolution Mediation Negotiation
The Dispute over the Diaoyu Islands The Diaoyu Islands are located in the East China Sea about 92 nautical miles northeast of Keelung in Taiwan Province. They include Diaoyu Island‚ Yellow Tail Island‚ Akao Island‚ South Island‚ North Island‚ and three reefs with a total area of about 6.5 square kilometers‚ with Diaoyu Island covering the largest area of 4.3 square kilometers. The Diaoyu Islands are China’s inherent territory‚ and its sovereignty over them is indisputable. In his article "The
Premium Japan Taiwan
British lumberjacks set up settlements in the eventual Belize. The Spanish granted them the territory. When war broke out in Europe there was an attack which was repulsed. Over the next 20 years the British had grown into the assigned area and some unsettled areas of South America establishing the now existing Belize. The Spanish never had any rule over the territory. Up to 1859 the British continued to exercise exclusive jurisdiction over the settlement‚ further establishing administrative control
Premium Belize Guatemala
The main problem in the dispute between the United States and the European Union in the beef hormone dispute is to determine the extent that a country can use health or other concerns to prohibit trade. The major aspect of this dilemma is that the United States and Europe have different regulations concerning beef. Although the beef meets American and International standards it doesn’t meet some European regulations. Even though the case went to the WTO and there were recommendations made‚ the
Free United States International trade European Union
Kuril Islands Dispute between Russia and Japan One of the most significant discussions between Japan and Russia is the Kuril Islands issue. The disputed islands are currently under the Russian administration‚ but Japan claims them as its own. Over the past century this issue is the major obstacle to obtain complete ratification of Japan – Russia relations and sign a peace treaty between them. Despite the fact that there have been many efforts to change the situation between Russia and Japan‚ it
Premium Russia Japan World War II
“The Vietnamese catfish importers are enjoying the fruits of our work‚” This was the main discontent of the domestic (US) catfish industry. Undoubtedly‚ the catfish farmers had put a lot of effort in improving the aquaculture technology to raise the catfish with better quality; thus‚ raised the demand of domestic market. At the same time‚ they had invested about US$50 million in the industry’s marketing. When catfish became the third favorite seafood of the American‚ leading to a total consumption
Premium International trade United States Congress Import