International Trade

  • June 5, 2013

    Sens. Float Currency Oversight Bill To Keep China In Check

    U.S. Sen. Sherrod Brown and seven other senators reintroduced a bill on Wednesday that would reform and enhance oversight of currency exchange rates, a move largely targeted at preventing China from continuing to “cheat” at international trade by manipulating its currency, the lawmakers said.

  • June 5, 2013

    China Starts Probe Of EU Wine In Escalating Trade Row

    China's Ministry of Commerce on Wednesday launched anti-dumping and countervailing duty investigations into wines from the European Union, fueling fears of a looming trade war between two of the world's largest economies a day after the EU imposed tariffs on Chinese-made solar panels.

  • June 5, 2013

    Hitachi Drops Rare-Earths Probe Following Settlements

    Following a slew of settlements, Hitachi Metals Ltd. asked the U.S. International Trade Commission on Tuesday to fully terminate an investigation into claims that rival companies were importing products containing Hitachi's patented rare-earth magnet technology.

  • June 5, 2013

    Costa Rica Ends Disputed Rice Subsidies

    Costa Rica has notified the World Trade Organization that it will end subsidies for its domestic rice industry next year, resolving a three-year dispute with the U.S. and other trading partners.

  • June 5, 2013

    S. Korea To Pilot Global Patent Search System

    South Korea's patent office will begin classifying some of its patent documents using a system devised by the U.S. and Europe, making it the first foreign country to move toward adopting the new classification scheme, the U.S. patent office said Wednesday.

  • June 5, 2013

    Monsanto Says Better Tests Show GMO Wheat 'Isolated'

    Monsanto Co. reiterated its belief Wednesday that the unapproved presence of the company's genetically modified wheat in Oregon was an isolated event, saying it had given concerned foreign governments a more precise method to ensure that exports hadn't been contaminated.

  • June 5, 2013

    FCPA Powerhouse: Reed Smith

    Building up its Foreign Corrupt Practices Act work over the past decade with a collaborative structure and a growing local focus that has yielded major triumphs, Reed Smith LLP has quickly emerged as a leader in the field and appears poised to maintain that status for years to come.

  • June 4, 2013

    ITC Bans US Sales Of IPhones That Infringe Samsung Patent

    The U.S. International Trade Commission ruled Tuesday that older models of Apple Inc.’s iPhone and iPad infringed a Samsung Electronics Co. Ltd. patent and banned the California technology giant from selling the devices in the U.S.

  • June 4, 2013

    Strine Tells Wal-Mart To Hammer Out Order For Bribery Docs

    Delaware Chancellor Leo E. Strine Jr. sent Wal-Mart Stores Inc. and an Indiana pension fund back to the drafting table Tuesday, saying they need to work together to implement his recent ruling requiring the retailer to turn over documents regarding alleged bribery by its Mexican affiliate.

  • June 4, 2013

    EU Imposes Anti-Dumping Tariffs On Chinese Solar Panels

    The European Commission on Tuesday decided to levy anti-dumping duties on solar panels and their components imported from China, after concluding the devices were being sold in Europe for well below fair-market value and harming domestic manufacturers.

  • June 4, 2013

    Monsanto Faces Farmer's Negligence Suit Over Wheat Scare

    Monsanto Co. was hit with a gross negligence suit in Kansas federal court Monday from a farmer who said the biotechnology company caused wheat export futures prices to plummet after its unapproved, genetically modified form of wheat unexpectedly surfaced in an Oregon field, triggering a scare.

  • June 4, 2013

    Cozen Lands 8 Hinshaw Attys For New Minneapolis Office

    Cozen O'Connor has opened a new Minneapolis office with a significant lateral hire from Hinshaw & Culbertson LLP, including a managing partner with a practice focused on banking, bankruptcy, real estate and international trade, the firm announced Tuesday.

  • June 4, 2013

    McGuireWoods Lures Former Top Senate Official To DC Office

    McGuireWoods LLP will add a former senior U.S. Senate Finance Committee staffer as partner in its Washington, D.C., office, bringing additional regulatory and legislative expertise to the firm's clients across the tax, health care, energy and trade sectors, the firm announced Tuesday.

  • June 4, 2013

    FCPA Powerhouse: Kirkland & Ellis

    Kirkland & Ellis LLP's Foreign Corrupt Practices Act practice, which spans six continents, is among the most formidable in the entire world — but since the firm cautiously avoids FCPA cases that involve high price tags, its work often flies under the radar.

  • June 3, 2013

    Vitamin C Co. Pushes To Ax $153M Antitrust Award

    North China Pharmaceutical Group Corp. urged a New York federal court Friday to toss a $153 million damages award against the company because the recent vitamin C price-fixing trial improperly passed judgment on the Chinese government's export policies.

  • June 3, 2013

    Judge Strikes 'Late' Discovery Against B&N In ITC Probe

    A U.S. International Trade Commission administrative law judge has agreed to strike certain "late-produced" documents sought by Technology Properties Ltd. LLC against Barnes & Noble Inc. in an ITC investigation into imported wireless consumer electronics devices that allegedly infringe a TPL joint venture's microprocessor patent.

  • June 3, 2013

    Obama's Latest Iran Sanctions Target Currency, Auto Sector

    President Barack Obama on Monday approved new sanctions targeting Iran's currency and automotive sector in a move to further isolate the nation and prevent it from acquiring a nuclear weapon, the White House said.

  • June 3, 2013

    Biz Group Says Financial Services Must Be In EU Trade Talks

    A lobbying group for U.S. chief executives on Monday said that pending trade negotiations between the U.S. and the European Union must include discussions about financial regulations, and a pending bill that would slap U.S. banks with tough capital standards threatened the success of such negotiations.

  • June 3, 2013

    Monsanto To Work With USDA To Probe Modified Wheat

    Monsanto Co. has launched an investigation in the wake of news that an unapproved strain of its genetically modified wheat was found growing in Oregon, saying it is committed to working with the U.S. Department of Agriculture over the incident.

  • June 3, 2013

    CIT Misclassified Importers' Hole Punchers, Fed. Circ. Hears

    Wilton Industries Inc. urged the Federal Circuit on Thursday to reverse a U.S. Court of International Trade finding that its paper punches should be classified as hand tools subject to tariffs, saying the lower court disregarded a commonly used rule of statutory construction in finding for the government.