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Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

authorities announced major settlements with defense contractor RTX (formerly known as Raytheon Technologies Corporation) over allegations that the company violated both the Foreign Corrupt Practices Act (FCPA) and False Claims Act (FCA). On October 16, U.S. Department of Justice (DOJ) announced a $950 million settlement while the U.S.

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Clean Slate: The Interface Between Arbitration and Insolvency Processes in India

Kluwer Arbitration

Even for disputes that stem from pre-insolvency rights and obligations, arbitration agreements should not be enforced against the liquidator where they affect the substantive rights of other creditors, to protect the policy aims of the insolvency regime ( Larsen Oil and Gas Pte Ltd v Petroprod Ltd [2011] SGCA 21, [45]–[50]).

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Aggravating Australia’s Arbitration Ambivalence: Zeph’s ISDS Claims

Kluwer Arbitration

However, such developments do open up the possibility of Australia advancing an “investment court” alternative to ISDS when reviewing older IIAs and negotiating new ones. It had reinstated in late 2022 a policy over 2011-13 of not agreeing to ISDS in new IIAs.

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The Sustainable Investment Facilitation Agreement Between the EU and Angola: A New Model for Investment Agreements?

Kluwer Arbitration

More from our authors: Dealing with Bribery and Corruption in International Commercial Arbitration: To Probe or Not to Probe by Emmanuel Obiora Igbokwe € 190 Arbitration in Egypt: A Practitioner's Guide by Ibrahim Shehata € 190

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COVID-19: Fundamental Change of Circumstances or Force Majeure? Insights from Portugal

Kluwer Arbitration

More from our authors: Dealing with Bribery and Corruption in International Commercial Arbitration: To Probe or Not to Probe by Emmanuel Obiora Igbokwe € 190 Arbitration in Egypt: A Practitioner's Guide by Ibrahim Shehata € 190

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X CAM-CCBC Arbitration Congress: Green Transition, Artificial Intelligence, Evolution of Arbitral Institutions & The Future of International Arbitration.

Kluwer Arbitration

Bianca Longo , from JusMundi, commented on the evolution of AI legal tools, which happened in three waves: (i) the first wave (2000-2011) was the introduction of certain AI-driven tools, such as Workflow, e-Discovery, Docusign etc.; (ii) In short time, the AI was corrupted by the users and started sending out violent messages.

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Mongolia: Investment Related Developments in the Mining Sector

Kluwer Arbitration

Since 2016, Mongolia has been working to establish a new model BIT to guide the negotiation of new BITs and the renegotiation of existing BITs. In 2011, the tribunal ruled that the windfall profit tax did not breach the BIT. In 2006, the parties settled and the case was discontinued. State Department. million to $4.5 million in 2015.