The Japanese government has brought a World Trade Organization case challenging South Korea’s decision to maintain anti-dumping duties on its stainless steel bars, according to a WTO document circulated Thursday.
Romanian billionaire and former tennis star Ion Tiriac has sued the CEO of the Women's Tennis Association following a dispute stemming in part from Tiriac's alleged aversion to offering equal prize money to both sexes, but the feud belongs in arbitration, a New York lawsuit alleged on Wednesday.
Oman sued a U.S. mining company owner in Massachusetts federal court Tuesday alleging he has failed to pay any part of a $5.6 million arbitration award issued against him by an International Center for Settlement of Investment Disputes tribunal in a dispute over mining leases.
Vestey Group Ltd. enlisted the help of a D.C. federal court to enforce a $101.6 million award against Venezuela that was issued after the cash-strapped South American nation wrested control of the British food products company's nearly 100-year-old cattle ranching operation in the country.
A Turkish energy company asked a D.C. federal judge to confirm a nearly $846 million arbitration award issued after Pakistan detained several of the firm’s vessels, among other alleged misdeeds, saying the country must pay up now that an order staying enforcement of the award is over.
A Florida federal judge refused to vacate a more than $22 million arbitral award against a Panama Canal contractor after ruling that the bid by the designer and builder of a set of locks on the waterway to toss the award came too late.
Slovenia will bring Croatia to Europe's highest court for refusing to implement an arbitral award issued last year to resolve a territorial and maritime dispute that arose after the two Balkan nations declared independence from the former Yugoslavia in 1991.
A Portuguese company asked a New York federal judge Tuesday to vacate part of an arbitration award it won in a dispute claiming LG Electronics Inc. owes up to $50.9 million under a licensing agreement for cellphone navigation software, saying the tribunal did not award proper compensation despite finding breaches of the pact.
An English court has frozen assets belonging to Russia's Gazprom as Ukraine's national oil and gas company looks to enforce a $2.6 billion arbitral award against the natural gas giant, a move that comes less than a week after a Swedish court suspended the Ukrainian company's enforcement efforts, according to a Tuesday statement.
The European Union on Friday plans to implement retaliatory tariffs on €2.8 billion ($3.2 billion) worth of U.S. products in retaliation for the Trump administration recently slapping double-digit tariffs on aluminum and steel products entering the United States from the continent’s economic bloc, it announced Wednesday.
A California federal judge on Monday confirmed an approximately $5.4 million arbitral award issued to two individuals following a dispute with a nutraceutical company over shares in a Chinese biotechnology firm, rejecting the company's arguments that it had not signed the applicable agreement.
Spain must pay more than €112 million to units of the European private equity firm Antin Infrastructure Partners for revoking certain economic incentives for renewable energy producers, marking another loss in arbitration for the country over the measures, a source with knowledge of the award told Law360 on Tuesday.
Orrick Herrington & Sutcliffe LLP has nabbed a former Vinson & Elkins LLP international arbitration partner with expertise in the energy sector to work in its London office as part of the continued growth of its European practice group, Orrick announced Monday.
A Bermuda-based satellite operator urged a New York federal judge Monday to confirm a $1 million arbitral award stemming from a soured transaction, accusing a Korean satellite communications provider of doing everything in its power to get out of paying up.
In this monthly series, legal recruiters at Major Lindsey & Africa interview management from top law firms about navigating an increasingly competitive business environment. Here we feature Mia Stutzman, chief financial officer at Holland & Knight LLP.
A London appeals court on Tuesday upheld a ruling allowing Bank of New York Mellon Corp. to freeze $22.6 billion of assets in Kazakhstan’s oil fund as part of a dispute over the country’s refusal to pay a $506.7 million arbitration award granted to a Moldovan investor.
Following an American Bar Association pledge, in-house attorneys are taking a harder line in demanding diversity from their outside counsel, and they're seeking to play a larger role in the workings of the law firms they hire.
We asked BigLaw for data on female minority lawyers for the first time this year, and the results show an industry that is failing to attract and retain them. Here’s a look at the challenges facing these attorneys — and how a few firms are defying the norm.
The legal industry is making sluggish gains when it comes to attracting and retaining attorneys of color, but this select group of firms is taking broader strides to diversify at the top.
A New York federal judge declined to ax litigation seeking to enforce an over $48 million arbitral award secured by Brazilian iron companies, saying the alleged successors of steel company Steel Base Trade AG failed to show that they shouldn’t be held liable for the award or that it shouldn’t be recognized.
Legal industry compensation practices are once again in the news as BigLaw firms continue to match the new high watermark of $190,000 for first-year associate salaries. The typical model of increasing associate salaries uniformly fails star associates, the firms they work for and, ultimately, the clients they serve, says William Brewer, managing partner of Brewer Attorneys & Counselors.
While some may say it’s ironic, it’s also embarrassing and enraging that the very industry that offers anti-harassment training, policies and counsel now finds itself the subject of #MeToo headlines. The American Bar Association recommendation that will bring about the greatest change is the call to provide alternative methods for reporting violations, says Beth Schroeder, chair of Raines Feldman LLP's labor and employment group.
In a profession notoriously averse to change, it should come as no surprise that there is skepticism about the value of having attorneys perform nonbillable tasks. But U.S. law firms have slowly begun to incorporate knowledge lawyers into their operations — and the trend is likely to continue, says Vanessa Pinto Villa of Hogan Lovells.
For close observers of the Foreign Agents Registration Act, the June 8 release by the U.S. Department of Justice of over 50 FARA advisory opinions was a watershed. These opinions offer an unprecedented glimpse into how the FARA Registration Unit interprets the law, say Brian Fleming and Andrew Herman of Miller & Chevalier Chtd.
The legal industry has already begun to feel the impact of anti-bribery and anti-money laundering requirements. When involved with cryptocurrency trading and remittance, law firms face more than the risk of being perceived as organizations that support money laundering practices, says John Reed Stark of John Reed Stark Consulting LLC.
Law firms are increasingly accepting cryptocurrency as payment for services. While this might seem innovative and forward-thinking, ironically it is much more of a throwback, says John Reed Stark of John Reed Stark Consulting LLC.
I agree with the legal pundits speculating that NewLaw’s present and future disruptors will radically change the legal services industry, but that change may not come quite as rapidly as predicted. Regardless, now is the time for both the incumbents and the challengers to best position themselves for the eventual shakeup, says Craig Levinson, founder of Levity Partners.
Legal pundits continue to make predictions that newer entrants into the industry — NewLaw firms, the Big Four and alternative legal service providers — will progressively seize greater amounts of market share from traditional law firms. But the BigLaw response has been underwhelming at best, and a glimpse at the market forces puts its lack of urgency into perspective, says Craig Levinson, founder of Levity Partners.
The next several weeks may shed a great deal of light on how vulnerable Venezuela and its state-owned oil company PDVSA are to creditor collection efforts. Bondholders should also closely monitor developments in the U.S. bribery suit brought by the PDVSA U.S. Litigation Trust, say Richard Cooper and Boaz Morag of Cleary Gottlieb Steen & Hamilton LLP.
The International Association of Athletics Federations recently released new rules for "athletes with differences of sex development," and there is ample basis to attack them as unjustified measures that discriminate against women based on natural characteristics, says Sarah Hartley of Bryan Cave Leighton Paisner LLP.