Remove 2017 Remove Export Remove Negotiation
article thumbnail

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

Whistleblower Network News

Among the charges are allegations that Raytheon engaged in a bribery scheme to obtain contracts with the Qatari military and misrepresented its costs during contract negotiations with the U.S. Department of Defense (DOD). 428 million of the total $950 million DOJ settlement stems from the FCA violations. “The

article thumbnail

2024 PAW: In Search of the Right Balance: The interplay between Human Rights, ESG, Civil Society and Investment Arbitration

Kluwer Arbitration

In addition, the EU is exporting this body of law by integrating it in its recent free trade and investment agreements such as CETA, EU-Singapore FTA and EU-Vietnam FTA, as well as the recently published model clauses for member states’ BITs with third states. obligations.

Balance 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Using the WTO Trade Remedies Committees as a Forum to Resolve Trade Frictions

Import and Trade Remedies

1] Similarly, with respect to goods imported under an inward processing regime, the Commission’s practice is inconsistent; it has excluded such imports in determining export price in some cases, while in other instances, it has included such imports. [2] Whether the ASCM permits this interpretation is not clear. [6]

Import 45
article thumbnail

Government Contracts Issues for a Recession

Procurement Notes

Additionally, generally, the reasonable costs of preparing, submitting, and negotiating an REA are contract administration costs, and consequently are also recoverable. Alternatively, it can give the contractor an opportunity to negotiate a termination-for-convenience or no-cost termination. total debt at $97.7 trillion and U.S.

article thumbnail

United States: Any Port in a Storm: USTR to Investigate Chinese Shipbuilding Subsidies

Import and Trade Remedies

Indeed, the invocation of Section 301 in 2017 and 2018 resulted in widespread duties on Chinese goods, which remain in effect today. The announcement invites public comments, via USTR’s online portal, on China’s practices in the maritime, logistics, and shipbuilding sectors.

Export 45
article thumbnail

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 2017, the tribunal concluded that it did not have jurisdiction ratione materiae over the claimants’ expropriation claim. The tribunal awarded $80 million in damages. Beijing Shougang v.

article thumbnail

Pre-Ιnvestment Expenditures, Defining an Investment, and a Problem of Translations: Patel Engineering v the Republic of Mozambique

Kluwer Arbitration

The railway corridor would transport minerals, including coal, for export ( Notice of Arbitration , para 2). MOI negotiations were conducted in English with the Portuguese version only developed to satisfy requirements under Mozambican law, according to the claimants (Notice of Arbitration, para 33).