International Trade

  • September 2, 2015

    Baker & McKenzie Adds 2 Compliance Attorneys In DC

    Baker & McKenzie LLP announced the addition of two experienced attorneys who bring decades of experience in corporate and regulatory law to its growing litigation and government enforcement practice as partners in Washington, D.C.

  • September 2, 2015

    Former Ex-Im Chief Says Shuttering Bank A 'Foolish' Move

    Republican lawmakers' quest to permanently extinguish the Export-Import Bank of the U.S. has been a “foolish” exercise that has only been exacerbated by the recent downward plunge in the value of China's currency, former Ex-Im President and Chairman James A. Harmon tells Law360.

  • September 2, 2015

    US Senator Backs Repeal Of Country-Of-Origin Labeling

    The senior senator from Arkansas is urging his colleagues to repeal the decade-old country-of-origin labeling rule that could see Mexico and Canada hit the U.S. with $3 billion in sanctions, saying on Wednesday that he fears the impact the rule could have on his home state’s agricultural industry.

  • September 2, 2015

    Calif. Gov. Inks Law Loosening 'Made In America' Rules

    California Gov. Jerry Brown on Tuesday signed a bill that will enable products to be marketed as “Made in America” even if they were not constructed entirely within the U.S., aligning the state's labeling rules with the standard used by the Federal Trade Commission and the 49 other states.

  • September 2, 2015

    CIT Dings Commerce's Calculation Of Korean Oil Pipe Duties

    The U.S. Court of International Trade ruled Wednesday that the U.S. Department of Commerce bungled its calculation of anti-dumping duties on South Korean steel pipes used in oil wells and directed the agency to reconfigure the way it constructed the home-market value of the merchandise.

  • September 2, 2015

    Yarn Maker Urges Fed. Circ. To Transfer Its Duty Challenge

    Best Key Textiles Co. Ltd. told the Federal Circuit Tuesday that the U.S. Court of International Trade abused its discretion by refusing to consider whether its bid for a lower tariff on garments made from its metal-infused yarn should have been transferred to a federal court.

  • September 2, 2015

    Obama's Iran Nuke Deal A Lock As Mikulski Gets Onboard

    The Obama administration's nuclear deal with the Islamic Republic of Iran has the minimum 34 votes it needs in the U.S. Senate to prevent a two-thirds majority from blocking passage after Sen. Barbara Mikulski, D-Md., threw her support behind the agreement Wednesday.

  • September 2, 2015

    AFL-CIO Chief Vows 'Intense' Pressure During TPP Debate

    Despite an unsuccessful attempt to sink a bill renewing Trade Promotion Authority earlier this year, AFL-CIO President Richard Trumka said Tuesday that he will mount an “intense” campaign to scuttle the Trans-Pacific Partnership if the final deal does not do enough for workers.

  • September 1, 2015

    State Dept. Rep. Says Trade Policy Can Counter Cyberspying

    At the State Department's regular media briefing on Monday, an agency spokesman pointed to the usefulness of U.S. trade policy as a lever against cyber intrusions from China and other nations, a nod to the looming prospect of more actions regarding the cyber sanctions first outlined earlier this year.

  • September 1, 2015

    Commerce To Initiate Dumping Probe Of Hot-Rolled Steel

    The U.S. Department of Commerce said Tuesday it will investigate whether nations including Australia, Japan and the United Kingdom have been dumping hot-rolled steel flat products into the U.S., several weeks after domestic producers cried foul on the allegedly unfairly traded imports.

  • September 1, 2015

    State Dept. Approves $3B Apache Copter Deal For UK Gov’t

    The United Kingdom could soon go forward with a $3 billion deal to remanufacture 50 Apache helicopters and associated equipment after the U.S. Department of State’s approval, according to an announcement from the Defense Security Cooperation Agency.

  • September 1, 2015

    Investors Slam Bid To Toss Cobalt Bribery Class Action

    A group of aggrieved investors urged a Texas federal district court Monday to deny a motion to dismiss their proposed class action alleging private equity-owned Cobalt International Energy Inc. bribed government officials in Angola and made misrepresentations to stock and bond investors that led to billions in losses.

  • September 1, 2015

    Trade Law Firm Taps Freshfields Atty To Open NY Office

    International trade law firm Jacobson Burton PLLC has picked up a former counsel from Freshfields Bruckhaus Deringer LLP, bolstering its international sanctions and trade controls expertise and launching a New York office under a new name.

  • September 1, 2015

    Crude Exports Could Lower Pump Prices, EIA Report Says

    Lifting the decades-old ban on crude oil exports could increase U.S. oil and gas production yet potentially lower gasoline prices for consumers, according to a U.S. Department of Energy report issued Tuesday.

  • September 1, 2015

    Anti-Bribery Odd Couple Takes Its Show On The Road

    It’s not unusual for cooperating witnesses to reach out to prosecutors or other investigators long after their cases are finished. What is unusual is for a cooperating witness and a former prosecutor to join forces and go on the road to educate companies on the type of conduct that brought them together in the first place.

  • August 31, 2015

    Syngenta Argues It Owed No Duty Of Care To Corn Plaintiffs

    Syngenta Corp. on Friday once again battled to toss multidistrict litigation alleging it tainted the U.S. corn supply with genetically modified seed, telling a Kansas federal court it should apply the "stranger economic loss rule" because the defendant had no relationship to the thousands of corn-producer plaintiffs.

  • August 31, 2015

    2nd Circ. Solidifies Argentina Bank’s Creditor Shield

    By blocking an attempt by creditors to pin Argentina's failure to pay billions in defaulted debt and judgments on the country's central bank, the Second Circuit on Monday reaffirmed the high hurdle facing bondholders arguing that foreign financial institutions are merely extensions of their government.

  • August 31, 2015

    ITC Changes Info Collection Rules For Antidumping Reviews

    The International Trade Commission is easing the burden on petitioners who wish to initiate antidumping and countervailing duty investigations by requiring less detailed information that might otherwise discourage them from complaining about lost sales and revenues.

  • August 31, 2015

    Australian Trade Minister Slams Opposition To China Pact

    Australian Trade Minister Andrew Robb lashed out Friday at trade union opposition to the China-Australia Free Trade Agreement as "nothing short of economic sabotage," aiming to confront rising political uncertainty amid concern over the pact’s foreign worker and investor-state dispute settlement provisions.

  • August 31, 2015

    Hungarian Telecom Ex-Brass, SEC Trade Blows In FCPA Suit

    The U.S. Securities and Exchange Commission and three former executives at Hungary’s largest telecommunications firm continued to trade barbs Friday in New York federal court over interstate commerce issues, a statute of limitations and the court's jurisdiction in a case accusing the executives of authorizing bribes to Macedonian government officials.

Expert Analysis

  • Personal Security Affects Anti-Corruption Compliance

    Patrick Welsh

    By employing due diligence, training and proactive monitoring, investors and businesses can seek to minimize corruption risks in any market. When investing in countries with security concerns such as high crime rates, governmental instability or public health concerns, the importance of these steps is intensified, say Patrick Welsh and Brendan Hanifin of Ropes & Gray LLP.

  • Russian Energy Sector Sanctions: 1 Year On

    Wynn Segall

    On Aug. 6, 2014, the United States and the European Union implemented various sanctions targeting the Russian energy sector’s ability to develop long-term exploration and production projects. The addition of a Gazprom oilfield to the U.S. sanctions list on Aug. 7, 2015, shows that Russian energy sanctions continue to evolve with no clear end in sight, say attorneys at Akin Gump Strauss Hauer & Feld LLP.

  • A Rock And A Hard Place: US Discovery And Chinese Law

    Amiad Kushner

    Chinese companies increasingly find themselves embroiled in litigation in U.S. courts, which can pose unique dilemmas, especially in the realms of discovery and jurisdiction, for even the most sophisticated Chinese companies — as illustrated in the recent Southern District of New York decision Vring Inc. v. ZTE Corp., say Amiad Kushner and Jae Zhou at Lowenstein Sandler LLP.

  • Private Equity In Iran: Opportunity Or Pandora's Box?

    Amanda Onions

    Tehran's hotels are said to be full, and foreign investors may be bargain hunting in the region, hoping to cash in on an economy that has been rewarding its predominantly domestic equities investors handsomely. However, none of the sanctions on the country have been lifted yet, says Amanda Onions of Hogan Lovells.

  • Is There 'Credible Information' Of A CTIPs Violation?

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    Compliance officers and attorneys need to develop a working understanding of “credible information” as used in the Federal Acquisition Regulation Combating Trafficking in Persons clause. Unlike other terms, “credible information” is not a precise legal term. There is also an inconsistency within the FAR, says Robert Stamps, special counsel for Afghanistan at Fluor Intercontinental Inc.

  • DC Circ. Conflict Minerals Ruling Is Business As Usual

    LaDawn Naegle

    Last week the D.C. Circuit upheld it's previous decision that a portion of the U.S. Securities and Exhange Commission's conflict mineral rule violated the First Amendment. For issuers, it's business as usual since the 2014 decision, with only issuers who voluntarily describe any of their products as "DRC conflict free" being required to provide a third-party audit in 2015, say LaDawn Naegle and Randy Wang at Bryan Cave LLP.

  • 5 Takeaways From Former SAP Exec's FCPA Case

    Stacey Sprenkel

    Vincente Garcia, former head of Latin American sales for SAP International Inc., recently pled guilty in San Francisco federal court to violations of the Foreign Corrupt Practices Act and settled civil FCPA charges brought by the U.S. Securities and Exchange Commission, underscoring the agencies' continuing focus on the technology sector and Northern California in general, say attorneys with Morrison & Foerster LLP.

  • Global Migration Issues Between Australia And The US

    Naomi Sheridan

    While interest in Australia-U.S expansion is on the increase, especially for tech companies and venture capitalists, immigration issues are making it increasingly difficult to obtain visas in either country, say Naomi Sheridan at Littler Mendelson PC and Valerie Pereira of Dagama Pereira & Associates Pty Ltd.

  • Rift Among US Courts In Enforcing Int'l Arbitration Awards

    James Berger

    Recent decisions in New York and District of Columbia federal courts appear to illustrate a developing rift between the courts over the proper procedure to follow when asked to enforce an International Center for Settlement of Investment Disputes award, say James Berger and Charlene Sun at King & Spalding LLP.

  • Top 5 Ways To Help A Law Professional Land A Job

    Mark Newall

    It is a hard truth, but a law degree is a tough thing to have nowadays. Overloaded with thousands of dollars in debt and only a few job prospects that require a law license, many law graduates are looking for ways to manage their careers. We suggest some proven methods to amplify and accelerate your job search, says Mark Newall of Essex Partners Legal.