By Steve Kramarsky We’ve all done it: checked the box and confirmed that we are bound by a company’s “Terms of Service" without so much as glancing at them. These days, “Agree to Continue” is a part of the required ritual, not only for software and online services, but for hardware as well. Before you use your new iPhone, draft a Word document, call an Uber, or even order a pizza, you will have agreed, sight unseen, to a set of standardized terms drafted by a company’s lawyer
Dewey Pegno & Kramarsky, with co-counsel Debevoise & Plimpton LLP, represents a group of US-based investors that have brought an ICSID arbitration against Peru, under the terms of the US-Peru Trade Promotion Agreement. The case concerns investments by Worth Capital Holdings in the Pucallpa gas refinery near the country’s border with Brazil. Read more in Global Arbitration Review (subscription required).