When I first came to AIG in 2010, the firm owed the government $182 billion. Today, we have paid that back with a profit of $22 billion. The legal and compliance department played a very prominent role in making that happen, although this was something that most Americans, including members of Congress, once thought impossible, says Thomas Russo, general counsel of American International Group Inc.
California Central District Judge S. James Otero talks to Law360 about sparring with Ninth Circuit Judge Alex Kozinski, navigating the isolating life of a trial judge and cutting loose with his law clerks to cope with the burdens of presiding over the nation's largest federal district.
Pennsylvania Middle District Judge John E. Jones III talks to Law360 about the surreal aftermath of his divisive ruling against intelligent design as he prepares for yet another potentially explosive trial over Pennsylvania's same-sex marriage ban.
Adding to its international arbitration ranks in Los Angeles, Arnold & Porter LLP has hired a former U.S. Ambassador to New Zealand and Samoa, who has broad experience in cross-border commercial disputes, particularly in intellectual property-focused industries, the firm said on Monday.
Seventh Circuit Chief Judge Diane Wood talks to Law360 about managing a court in crisis, surviving two U.S. Supreme Court near-misses, and tailoring crafty dissenting opinions that can change the mind of even the staunchest of ideological opponents.
Court of International Trade Chief Judge Donald Pogue talks to Law360 about his farm country roots, his advanced degree in cognitive philosophy and the surprisingly utopian mission of the nation’s trade court.
The lack of diversity among arbitrators hearing international disputes threatens to call into question the legitimacy of their decisions and is a significant obstacle to cementing international arbitration as a trusted option for dispute resolution, experts said Monday at a major conference in Miami.
Ninth Circuit Judge Stephen Reinhardt talks to Law360 about defending civil rights, the fate of liberalism and the legend of his Supreme Court reversal rate.
Once a backwater for international arbitration, Miami's strong ties to Latin America and its plethora of bilingual professionals have helped transform the Magic City into a major hub for the resolution of international disputes, a fact signaled in no small part by its selection as host city for an upcoming event known as the "Olympics of the international arbitration world."
An international tribunal has sided with Canada in a dispute over export charges the country imposed on softwood lumber after losing an earlier arbitration brought by the U.S. under a bilateral agreement on lumber trade, Canada said on Wednesday.
Seventh Circuit Judge Richard Posner talks to Law360 about judicial pragmatism, his compulsive writing habits, and why he thinks court clerks are often smarter than their judges.
New York Southern District Judge Jed Rakoff talks to Law360 about musical theater, media relations and his most important judicial opinion.
Bryan Cave LLP will open a Miami office to handle its clients' Latin American businesses with two skilled litigators well versed in international arbitration from DLA Piper LLP, the firm confirmed Thursday.
Perkins Coie has snagged an international arbitration and regulatory matters expert from Thompson & Knight LLP to join its commercial litigation practice in its New York office, the firm said Tuesday.
By deferring to Washington-based arbitrators who handled BG Group PLC and Argentina's dispute over a $181 billion arbitration award, the U.S. Supreme Court on Wednesday eased concerns that U.S. courts would have free rein to second-guess procedural decisions made by U.S.-based arbitration panels in bilateral investment treaty disputes.
The U.S. Supreme Court on Wednesday reinstated BG Group PLC's $185 million arbitration award over an investment in now-bankrupt Argentine gas distributor MetroGas SA, saying arbitrators, not courts, should primarily interpret and apply a bilateral investment treaty's local litigation requirement to an underlying dispute.
New York Bankruptcy Judge Robert Gerber talks to Law360 about midnight-oil marathon hearings, the future of the Article I specialist, and how lawyers should be more like journalists.
A half dozen BigLaw partners based in London, Paris and Washington, D.C., will launch the legal industry's first global arbitration boutique, a representative for the group confirmed Wednesday.
New York Southern District Judge Shira Scheindlin talks to Law360 about e-discovery, judging fearlessly and how to read the Constitution in the age of smartphones.
Arent Fox LLP has added intellectual property attorney Pamela Fulmer, who brings experience in a range of areas including streaming media, e-commerce, cellular communications, life sciences and email security, from Novak Druce Connolly Bove & Quigg LLP as a partner, the firm said Tuesday.