Poker, Peru, and Promptness in International Arbitration Challenges
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by Andrew Flake In discussing our litigated disputes, we will often borrow phrasing from the world of poker. And it is true that the game, with its mix of tactics in play and chance in the draw, invites some comparison: an opponent is bluffing, someone is playing cards close to the vest, someone else is lowering or raising the stakes. In games of stud poker, someone might have an ace “in the hole,” meaning a card held face down and not revealed until after the betting. Since a high card can dramatically change the game’s outcome, concealing it until the…
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