Companies that dipped their toes back into the Iranian energy sector in 2016 when the U.S. lifted sanctions after brokering an international nuclear deal are now having second thoughts, if not already scurrying for the exits, with the Trump administration set to reimpose sanctions on Monday. Here, attorneys outline several risks energy companies must grapple with now that the sanctions are back in place.
A D.C. federal judge has allowed Nigeria’s appeal to proceed despite opposition from an engineering company seeking to confirm a roughly $9 billion award, saying it is not frivolous to ask if the court must determine whether the country has immunity under the Foreign Sovereign Immunities Act before looking at the merits of the petition.
Royalties for Ericsson Inc.’s network patents should be aligned with the cost of the mobile phones that use the technology, not the chips inside them, the Swedish telecom company has told a Texas federal court in a patent dispute with HTC America Inc.
An Indian tech company has asked a California federal judge to force the former CEO of a fintech fund to testify in a separate arbitration proceeding related to the companies' disputed $40 million partnership agreement, saying the executive has not turned up to trial and hasn't said when he'll return to the United States.
The newly minted replacement for the North American Free Trade Agreement will deliver “modest” benefits for the nation’s farmers but stands to be largely undermined by the Trump administration’s tariffs and the retaliatory duties they’ve prompted from trade partners, an agricultural policy group said in a study published Wednesday.
Attorney Steven Donziger railed against Chevron Corp.’s motion to hold him in contempt for allegedly defying a judge’s injunction against his profiting from a $9.5 billion settlement in a case in Ecuador, saying the company was “entirely unhinged” and engaging in a campaign to “demonize” him.
A New York federal judge has ordered the Kyrgyz Republic to pay $5,000 per day in contempt sanctions to a Turkish hotel investor until it starts following discovery orders for an $8.5 million arbitration award won by the investor based on claims that the country colluded against it.
Brazilian iron companies hoping to confirm a $48 million arbitral award have sparred with alleged successors of steel company Steel Base Trade AG over the proposed timeline of discovery, with both sides blaming the other about manufacturing needless delays over the scope of discovery and asking a New York federal judge to intervene.
Boies Schiller Flexner has hired Lee Tran & Liang co-founder K. Luan Tran to help lead the firm’s Los Angeles team in technology and international arbitration, with a special focus on the Pacific Rim.
The Robbins Co. on Tuesday told the Sixth Circuit that an Ohio court’s ruling that an insurer does not need to cover a $40 million breach of contract action against the tunnel-boring machine maker was overly broad, urging the appeals court to reverse the decision.
Ecopetrol SA asked a New York federal court Tuesday to confirm an arbitration award ordering Offshore Exploration and Production LLC to pay it back for a tax bill it paid to Peru, saying the company owes more than $20.1 million.
A Dutch telecom company and an information company both urged a California federal court Tuesday to dismiss a $37 million dispute over alleged fraud, saying that the case should be kicked from federal court.
A World Trade Organization panel ruled Wednesday that the Moroccan government violated international trade rules when it placed anti-dumping duties on imports of hot-rolled steel from Turkey, handing a win to Ankara.
A New York federal judge confirmed an arbitral award totaling $23.1 million issued against two connected mining companies for allegedly breaching a settlement agreement with a U.S.-based gold mining company, entering default judgment against the two companies for their failure to respond to the petition.
A slimmed-down version of the Trans-Pacific Partnership, all but left for dead after President Donald Trump vacated the pact after taking office in January 2017, will take effect at the end of the year after Australia ratified the pact on Wednesday.
A company that makes software for auto retailers told a federal court Monday it had never entered a contract with Brazilian Volkswagen distributors that are trying to enforce a $2.5 million arbitration award on claims that it sold malfunctioning software.
Pakistan has continued to push a D.C. federal court to toss a Turkish energy company’s suit seeking to confirm a nearly $846 million arbitral award stemming from a rental power project, reiterating its argument that the court lacks jurisdiction to enforce the award as the country was not properly served.
An international sports tribunal has overturned a decision by the election committee for the International Boxing Association, or AIBA, that excluded Serik Konakbayev as a candidate for the association’s presidency, putting him back on the ballot for this weekend’s election in Moscow against interim President Gafur Rakhimov.
A subsidiary of U.S.-based Teco Energy Inc. has urged a D.C. federal court to confirm a partially annulled $21.1 million award issued against Guatemala in a dispute over electricity rates, saying the Central American nation has offered no valid reason why the award should not be enforced.
The average fine handed out by Britain’s data regulator for information breaches doubled in the year ending in September, as large firms now risk stiffer penalties under Europe’s new General Data Protection Regulation, a law firm said Tuesday.
Being a former member of Congress put me in an advantageous position when I approached law firms in the late '70s, at a time when there were few female lawyers, and even fewer African-American lawyers, in major law firms, says former Rep. Yvonne B. Burke, D-Calif., a director of Amtrak.
Popular culture paints the Hill as a place teeming with intrigue, corruption and malicious intent. But in Congress I learned important lessons about respecting people and the work they do, says former Sen. Norm Coleman, R-Minn., of Hogan Lovells.
The U.S. Supreme Court's holding in Animal Science v. Hebei that a U.S. court is not bound by a foreign government's interpretation of its own laws is likely to have a lasting impact on legal decision-makers across the globe as they make determinations about deference to foreign laws, including U.S. laws, say attorneys at Alston & Bird LLP.
I found that senior members of Congress didn’t have time to mentor younger members. Lawyers — though just as busy as members of Congress — cannot afford to follow this model, says former Rep. Charles Gonzalez, D-Texas, of Ogletree Deakins Nash Smoak & Stewart PC.
"Gateway" arbitration issues such as validity, enforceability and scope of an arbitration agreement may be delegated to an arbitrator if the agreement clearly and unmistakably indicates the parties’ intention to do so. But when one of the named arbitration parties is not a signatory of the agreement, two questions arise seemingly simultaneously, says Mintz Levin member Gilbert Samberg.
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.