Business Law and Corporate Ethics

Respond to the following questions in your essay:

• What laws govern arbitration in the U.S.?  In Russia?
• In your opinion, in which country should the dispute be handled?
• What are the advantages and disadvantages for Monarch Associates under the arbitration arrangement?
• If you were Monarch Associates’ in-house counsel, what advice would you give them on negotiating future joint ventures with Russian businesses?
• What other considerations should Monarch Associates keep in mind in the formation of any future contracts with foreign companies?