Peach Power, the state-owned electric company in the Federation of Peach, failed to fulfill the equipment contract
Question:
Peach Power, the state-owned electric company in the Federation of Peach, failed to fulfill the equipment contract it has with X Corp, a Brazilian company. The London Court of Arbitration has granted an arbitral award to X Corp that requires Peach Power to pay damages to the company. X Corp seeks to enforce the award in a British court, but Peach Power pleads immunity.
Write a paper to address these areas: Should the arbitration court give Peach Power immunity, and why or why not? Explain what the court is likely to decide.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
International Business Law and Its Environment
ISBN: 978-0324649659
7th Edition
Authors: Richard schaffer, Filiberto agusti, Beverley earle
Question Posted: