News & Events

What U.S. Companies Need to Know About Foreign Arbitration Awards Before Partnering With a Foreign Company

By Procopio Attorney Lianlian Wu As U.S. companies increasingly do business with foreign companies, many are discovering that their operations could be put at significant financial risk based on an arbitration conducted in a foreign country. Whatever familiarity an in-house general counsel may have with conducting corporate litigation in U.S. courts, they may not be prepared for the fact that an arbitration award against them abroad could be enforced against them in the U.S. Furthermore, ...