article thumbnail

2023 Year in Review: Switzerland (Part I: Scope of Arbitration Clause, Capacity of Discernment, Res Iudicata)

Kluwer Arbitration

Part I focuses on the scope of arbitration clause and its validity in the context of a party’s (in)capacity of discernment, as well as on the new developments regarding res iudicata. initiated arbitration proceedings against the Republic of South Sudan on 26 July 2018, demanding payments of USD 3 billion. In 2018, A.’s

article thumbnail

Former IRS staffer who managed IT contracts pleads guilty to bribery charges

FedScoop

conducted two bribery schemes over four years in his capacity as a computer engineer supervising IT subcontracts for the IRS, according to the DOJ. The first began in October 2018, when Thukral sought cash payments from the owner of an unnamed company working on a subcontract that he oversaw. Satbir Thukral, 62, of Germantown, Md.,

article thumbnail

New Rule Seeks to Streamline DoD Commercial Product and Service Procurements

GovCon & Trade

This final rule is the latest attempt to inject innovation, resiliency, and increased capacity into the defense industrial base. Instead, it pointed to FAR Case 2018-006, an open case where the FAR Council will define subcontract once and for all. However, the final rule declined to do so.

article thumbnail

Modernization efforts will bring  billions in new revenue to IRS, analysis finds

FedScoop

Expanded data intake capacity and productivity will help increase compliance; improved audit selection and collection planning can increase the productivity of enforcement activities,” the report stated. “IT Accounting for IT modernization, the report noted, reveals “a wide array of potential revenue benefits.”

article thumbnail

Interviews with Our Editors: Diana Bayzakova and Dr. Islambekov Rustambekov

Kluwer Arbitration

Diana: Since its establishment in 2018 under the Chamber of Commerce and Industry of Uzbekistan, the TIAC has achieved significant milestones in advancing the use of international arbitration both within Uzbekistan and the wider CIS region. Education and capacity-building are a core part of our mandate.

article thumbnail

Enforcement of Foreign Awards in the UAE: Significant Progress Achieved

Kluwer Arbitration

The Law: Enforcement Procedures and Conditions A key change was introduced to the procedure for the enforcement of foreign awards in 2018. In December 2018, the Implementing Regulations of the Old CPL were issued through Ministerial Cabinet Resolution No. 57/2018 (“ Regulations ”) introducing new procedures.

article thumbnail

Treating Symptoms or Root Causes? The Draft Statute of an Advisory Centre on International Investment Dispute Resolution

Kluwer Arbitration

But they also stem from structural problems – and for this reason, Working Group delegates have voiced concerns about costs throughout the reform process (see, for example, October-November 2018 Session Report , paras. The advisory centre is billed as a response to these concerns. 31-35; September 2022 Session Report , para. 89-100).

Export 52