Libya's national oil company on Friday skirted an $812 million claim asserted against it in international arbitration that related to its agreement with a subsidiary of the Emirati Al Ghurair Investment Group to operate a Libyan oil refinery, coming away instead with a $116 million award on its counterclaims, according to a statement.
The Indian government has rejected the Trump administration’s bid to begin imposing retaliatory tariffs in a long-running World Trade Organization scrap over solar energy rules, saying that the United States has “no legal basis” to punish India, according to WTO documents published Monday.
A November decision dismissing a more than $1 billion arbitration against Venezuela after the country denounced an underlying treaty departs from the reasoning of tribunals that have considered similar situations, providing fuel for nations to continue raising the same argument as Venezuela's, experts say.
Seyfarth Shaw LLP said Wednesday it has hired a former FordHarrison LLP international employment attorney with experience counseling multinational clients about their cross-border labor force needs as a partner in New York.
A Statoil unit on Thursday dropped out of a Texas federal lawsuit over a failed Chevron oil rig after several of the companies that designed it were able to shrug off some claims last summer, a move that comes as the insurance companies that underwrote the project took a first step toward appealing that decision.
Canada’s top agricultural official began meeting prominent members of the powerful U.S. farm lobby Friday in Tennessee as part of an effort to build support and consensus for the ongoing North American Free Trade Agreement renegotiation, which would likely have no shot at succeeding without support from food producers.
The U.S. legal services sector finished 2017 with the addition of 600 new jobs, as the industry heads into the new year with approximately 2,000 more jobs than it had at this point in 2016, a report released Friday by the Bureau of Labor Statistics showed.
Airbus Helicopters has called for international arbitration with Poland after negotiations for a deal to modernize the country's military helicopter fleet collapsed in 2016, according to Polish media reports.
Litigation finance firm Lake Whillans closed a $125 million round of funding at the end of the year, the firm said Thursday, marking the first time the firm has looked outward since its inception in 2013.
A Utah biodiesel fuel producer asked a New York federal judge on Tuesday to toss a $25.3 million verdict issued to a Singapore biofuel trader over the former's admitted breach of a $90 million purchase contract, arguing that the court failed to properly instruct the jury on the cap in damages they could award.
A Florida federal judge on Wednesday confirmed a nearly $800,000 award issued to a shipping company following a dispute with a Turkish importer over a canceled dairy cow shipment, adopting a magistrate judge's recommendation that the importer's owners should be held liable for paying the award.
A Texas federal judge on Wednesday temporarily hit the brakes on a nearly $10 million award against Apache Corp. confirmed by Argentine energy giant YPF SA late last year, allowing the oil and gas exploration and production company to make a bid to delay payment pending appeal.
The Court of Arbitration for Sport on Wednesday said that it does not have the authority to address the decision by an International Bobsleigh and Skeleton Federation panel overturning provisional suspensions for several Russian athletes, allowing them to compete in IBSF events until a full investigation is complete.
The U.S. government on Wednesday finalized its duty orders on Canadian softwood lumber, prompting Canada’s foreign minister to issue a statement saying the country would continue its legal challenge of the tariffs under the North American Free Trade Agreement and World Trade Organization.
Israel's top court has nixed a confirmation proceeding to enforce an Israeli investor's roughly $500,000 award following a dispute with a Florida-based developer concerning a German real estate project, a ruling the developer's lawyer said effectively makes the underlying arbitration clause unenforceable.
A Cargill Inc. subsidiary on Tuesday further cemented a $6.7 million arbitration win against its partner in a soured Mexican hotel venture, with a New York appeals court rejecting arguments that Cargill improperly tried to influence the arbitration proceedings.
Cloudflare Inc.'s Alissa Starzak discusses her former role as general counsel for the U.S. Army and the lengthy confirmation process leading up to it, as well as her present work in the private sector and views of net neutrality.
Russia has rejected the European Union’s finding that the nation's narrowed ban on the bloc's pork products doesn’t comply with the World Trade Organization's rulings about the scope of the restrictions, and objects to the proposed €1.39 billion in trade sanctions, the WTO said Wednesday.
The Third Circuit concluded Wednesday that a Delaware subsidiary of Venezuela's national oil company could not be sued by Canadian gold producer Crystallex International Corp. for allegedly orchestrating fraudulent transfers so Venezuela could avoid paying a $1.39 billion arbitration award.
An international tribunal has ordered a Tethys Petroleum subsidiary to pay Total E&P Tajikistan B.V. and CNPC Central Asia B.V. $13.7 million for violating a joint operating agreement pertaining to oil and gas exploration and production rights in Tajikistan.
A recent U.K. white paper indicates a sensible retreat from the government's previous redline of taking back control from the Court of Justice of the European Union. The government has recognized that in order to ensure legal certainty and equal treatment for businesses and individuals, the CJEU must continue to play a considerable, if indirect, role in the U.K., says Mathew Rea of Bryan Cave LLP.
Clients are beginning to expect and demand that their external lawyers provide advice tailored to the client's industry. Aside from this, law firms should want to move toward a sector approach because industry-focused groups are a natural place for cross-practice collaboration to flourish, say Heidi Gardner and Anusia Gillespie of Harvard Law School.
In their new book, "The Judge: 26 Machiavellian Lessons," do Ronald Collins and David Skover prove their thesis that hypocrisy is the key to judicial greatness? Some of the examples they present are hard to dispute, says Judge Alex Kozinski of the Ninth Circuit.
Financial Crisis Anniversary
After nearly a decade of recession-accelerated change in the legal industry, “merit-based” compensation has largely come to mean measuring attorney success using some combination of origination and working attorney hours metrics. However, there are signs that the real impact of the recession is still around the corner, and that building a book isn’t enough, says Peter Zeughauser of Zeughauser Group.
While it lends more than $100 million each year to our nation’s college students — including law students — the U.S. Department of Education surprisingly limits loan counseling to one-time entrance counseling for first-time student borrowers. Is this rational? asks Christopher Chapman, president of AccessLex Institute, a nonprofit focused on access to legal education.
In recent years, all of the major arbitral institutions have introduced an emergency arbitration procedure, yet studies suggest that parties rarely avail themselves of emergency arbitration and instead turn to local courts in times of crisis. Attorneys with Kirkland & Ellis LLP explore several considerations when determining where to pursue emergency relief.
The shift to electronic filing has somewhat eased the task of reviewing briefs and their supporting files. An e-brief takes e-filing to the next level, says Christine Falcicchio, a principal at Strut Legal Inc.
Asian-Americans are the fastest-growing minority in the legal profession, but recent studies confirm their underrepresentation among partners, prosecutors, judges and law school administrators. We must take action, say Goodwin Liu, associate justice of the California Supreme Court, and Ajay Mehrotra of the American Bar Foundation.
Judge Shira Scheindlin recently published an op-ed in The New York Times discussing the statistical truth that law firms have poor representation of female attorneys as first-chair trial lawyers. Backed by data collected by the New York State Bar Association, Judge Scheindlin’s observation is not merely anecdotal. But it doesn’t have to be inevitable, says Sarah Rathke, a partner and trial lawyer at Squire Patton Boggs LLP.
If conducted properly, depositions can be a powerful tool. At times, though, opposing counsel employ tactics to impede the examiner’s ability to obtain unfiltered, proper testimony from the deponent. By knowing and effectively using applicable rules and case law, however, deposing attorneys can take specific steps to combat these tactics, say attorneys with Ogletree Deakins Nash Smoak & Stewart PC.