International Arbitration Law360 provides breaking news and analysis on international arbitration law. Coverage includes international arbitration proceedings, policy developments that affect international arbitration, and legal challenges to arbitration rulings.
The European Union's sweeping General Data Protection Regulation, which took effect Friday, allows member states to take their own path when it comes to issues ranging from the cut-off for obtaining parental consent to the ability to levy criminal penalties. Here, attorneys flag the top points of departure that companies will need to be sure of folding into their compliance plans.
The Trump administration on Friday asked for a World Trade Organization panel to examine its complaint against Canadian wine rules that have allegedly kept U.S. wine off grocery store shelves in British Columbia, moving the dispute to a more contentious phase after talks to settle the fight fell through.
While it’s unlikely that the U.S. would lose an investor-state claim initiated as a result of its withdrawal from the 2015 Iran nuclear deal, the headaches for non-U.S. companies that began doing business in Iran after the deal was implemented could be just beginning, experts say.
A Chinese gas-powered generator manufacturer has asked a New York federal court to confirm a $2.4 million arbitral award issued against an importer in a dispute stemming from a national recall, arguing that an arbitrator expressly found that it was never paid for generators the importer purchased.
Criminals are exploiting the confusion around Europe’s new data protection regime by masquerading as financial firms and persuading consumers to disclose their banking details, a major trade organization warned on Friday.