September 2, 2024

When Iran Sued NASA: A Lesson in Earnest Money and Space Launch Transactions

When Iran Sued NASA: A Lesson in Earnest Money and Space Launch Transactions

Washington D.C. /

Few cases stand out as starkly as the Telecommunication Company of Iran (TCI) v. NASA. The case, heard by the Iran-US Claims Tribunal (IUSCT) in 1984 dealt with the often misunderstood concept of “earnest money” within the context of space launch negotiations. The case highlights the critical importance of understanding contractual obligations and the risks inherent […]

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Supreme Court of Western Australia on the Limits of Expert Determination vs. Arbitration

Supreme Court of Western Australia on the Limits of Expert Determination vs. Arbitration

Melbourne /

The judgment in Silverstream SEZC v Titan Minerals Ltd from the Supreme Court of Western Australia shines a light on a vital and often misunderstood aspect of dispute resolution—the interaction between expert determination and arbitration. The case pivots around the refusal of a stay of proceedings sought by Titan Minerals Ltd (“Titan”), based on a

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