Agreement To Settle Lawsuit

Agreement To Settle Lawsuit

In the case of intergovernmental or foreign trade, the United States Arbitration Act of 1925 makes the agreement legally enforceable, and most states have similar laws for agreements that are not covered by federal law. When a court is asked to review a decision, it can hear complaints only on the merits of the proceedings or the conduct of the arbitrator, and not on the merits of the case. In 1982, IBM claimed that Fujitsu had illegally copied IBM`s mainframe operating software. The two reached an agreement in 1983, but other disputes continued to erupt, largely due to the technological complexity and legal uncertainty of many issues. In 1985, IBM requested arbitration proceedings, as provided for in the 1983 agreement.

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