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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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Where does pressure for public procurement transparency come from? Reflections from Uganda and Tanzania

Curbing Corruption in Government Contracting

For years, the benefits of transparency as a policy tool to increase accountability and counter corruption have been lauded. In public procurement, this has given rise to a global movement promoting procurement data transparency, a.k.a. open contracting. But what do these commitments look like in reality?

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The Annual ICC FIDIC Conference Recap (Part I): Challenges and Emerging Trends in Construction Dispute Resolution

Kluwer Arbitration

While the FIDIC’s 1999 Silver Book does not mention concurrent delay, the 2017 version requires the parties to adopt rules and procedures to deal with this issue. In 2017, the English court held that there is no policy reason why such anti-concurrency clause should not be upheld (North Midland Building Ltd v Cyden Homes Ltd [2017] EWHC).

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India’s Federal Procurement Data Infrastructure: Observations and Recommendations

Curbing Corruption in Government Contracting

Improving transparency in public procurement, that is publishing more and better-quality data, supports accountability by enabling greater scrutiny over processes and outcomes as well as helping to achieve greater competition and better value for money. GTI-R/2020:1, Budapest: Government Transparency Institute. Full text PDF Adam, I.,

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Countdown To RIDW24: New Year, New Arbitration Hub: KSA’s Impressive Delivery On Its Promise to Create an Attractive Environment for Investors

Kluwer Arbitration

3), complemented by new Internal Rules , in effect since 1 July 2023, in an effort to further promote transparency and efficiency. An SCCA study of Saudi arbitration-related case law between 2017-2022 revealed that out of 131 annulment applications brought in Saudi courts, 92% were denied and only 3.8%

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Johannesburg Arbitration Week: Southern Africa to Step into the International Arbitration Spotlight

Kluwer Arbitration

JAW is a premier event, signifying South Africa’s increasing prominence in international arbitration, particularly since implementing the International Arbitration Act in 2017. Prior to 2017, AFSA managed a modest tally of international arbitrations. The impact of these developments on AFSA’s caseload has been remarkable.

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Arbitration Tech Toolbox: AI as an Arbitrator: Overcoming the “Black Box” Challenge?

Kluwer Arbitration

Two prominent AI studies that were relatively successful in predicting outcomes of court judgments of the European Court of Human Rights (“ECtHR”) and the Supreme Court of the United States (“SCOTUS”) and took place in 2016 and 2017 respectively, sparked curiosity over this matter. These issues could be tackled before the award is rendered.