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That adds up to the 18-percentage point increase between 2014 and 2019. This effect can be particularly important in countries with scarce physical and human capital. This means that there is a tipping point, or threshold, at which higher debt levels become detrimental to growth.
How domestic courts approach challenges to arbitration awards is of increasing importance as foreign parties often decide to seat an arbitration in a jurisdiction that they believe will provide the greatest stability to governing the arbitration process.
2014) enforced a supplemental award restraining the respondent to satisfy an interim award with escrowed funds. This is an important judgment because it does not rely on “finality”, as envisaged in the Guide or the international precedents. Damietta International by the Cairo Court of Appeal (as discussed in a prior blog post ).
The State aid Decision made two important explicit points. This part of the dispute concerned the definition of ‘public works contracts’ under Directive 2014/24/EU (issue 1). Framing: Directive 2004/18/EC, Directive 2014/24/EU, or it does not matter? In this post, I will focus on issues 1 and 2.
In September 2014, a three-member arbitral tribunal issued the final award (“ Award ”) directing Avitel, its founder, and directors (“ Award Debtors ”) to pay USD 60 million as damages to HSBC. A robust enforcement mechanism is one of the most important features of an arbitration friendly jurisdiction.
The Coalition for Government Procurement Endowed Scholarship Fund Since 2014, the Coalition has worked with The George Washington University (GWU) to fund and endow a scholarship supporting a veteran who is concentrating their studies in the field of U.S. procurement at the GWU Law School. Williams and Howard W.
For example, establishing the threshold for prejudice, setting standards for the recusal of arbitrators, outlining mandatory disclosure requirements, and building a body of precedent will be crucial to providing a comprehensive framework for the qualification of an arbitrator.
During the Coalition’s Cybersecurity Symposium: The Cyberside Chat last week, Stacy Bostjanick, DoD’s Chief of Industrial Base Cybersecurity, emphasized the importance of CUI training. The plan includes five FOCAL Priority Areas considered essential to aligning with the Federal Information Security Modernization Act of 2014.
18] And, for DoD, Defense Federal Acquisition Regulation Supplement (“DFARS”) 216.203-4 limits the use of the FAR EPA clauses to DoD contracts that exceed the simplified acquisition threshold (presently $250,000 with exceptions), and performance is longer than six months. [19] GAO’s competitive prejudice threshold should be similar.
Since a disappointed offeror only has three days to timely make a written request for a required debriefing, it is important to know when the three-day period begins to run. 15] Not For All Procurements Just as important as knowing how to get a required debriefing is discerning what is not a required debriefing. 3703 , 10 U.S.C.
A high threshold is applicable to s. République du Congo v. An award obtained by fraud or contrary to public policy and which has caused or will cause substantial injustice is not what the parties agreed to when they agreed on arbitration. 70(2) and (3), there is no sanctuary.
President Biden’s Executive Order supersedes President Obama’s 2014 Executive Order No. 13,838, which removed the 2014 Order-provided minimum wage for “seasonal recreational services or seasonal recreational equipment rental for the general public on Federal lands[.]” [4] Which workers get the minimum wage increase? per hour. [1]
833/2014 are entitled to seek damages before the competent courts of Member States. Eligible Defendants Claims may be brought against any person identified in points (a), (b), or (c) of Article 11(1) of Regulation 833/2014 if they have benefited from decisions pursuant to Decree No. Key Features of Article 11b(1) A.
This focus on government efficiency provides an important opportunity for a holistic review of the procurement system. CSF, first published in 2014 and updated in 2024, offers detailed guidance on cybersecurity. The draft updates NIST’s Cybersecurity Framework (CSF) from version 1.1
GSA has an important role to contribute towards the elimination of the federal deficit and enabling our customer agencies to move faster to accomplish their goals. We are the backbone of federal government operations and have an opportunity to innovate across federal procurement, real estate and technology shared services.
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