The financial services sector will contribute less to Britain's economy under all Brexit scenarios set out by the government, a panel of lawmakers said on Tuesday, warning that the country's regulators will lose their voice in forming policy during a transition period after March 29.
Music mogul Jay-Z told a New York state court Monday that the American Arbitration Association has agreed to work with him to ensure more African-American arbitrators would be available in the pool of potential people to hear his intellectual property dispute with Iconix Brand Group Inc.
Venezuela has lost its bid to nix a more than $382 million arbitral award issued to a subsidiary of glassmaker Owens-Illinois Inc. whose two glass production plants were seized, after an ad hoc committee rejected arguments that the award should be annulled because Venezuela's appointed arbitrator had allegedly become biased against it.
Greece urged a New York federal court Monday to reject Leidos’ efforts to start pinning down the country's U.S. assets to enforce an award now worth €47.9 million stemming from the 2004 Olympics, saying the American security contractor’s arbitral award is tainted by a bribery and public corruption scandal and could be nixed.
A group of moderate Democratic lawmakers met with U.S. Trade Representative Robert Lighthizer on Monday and expressed their discontent with President Donald Trump’s threat to withdraw from the North American Free Trade Agreement in order to force a vote on a revised version of the pact.
Theresa May postponed a key parliamentary Brexit vote on Monday to stave off a potentially crippling defeat, as the prime minister succumbed to pressure from inside her own Conservative Party to press the European Union for a better deal.
After years of arbitration and enforcement litigation Elliot Friedman of Freshfields Bruckhaus Deringer LLP secured a $2 billion settlement from Venezuela's state-run oil company for an oil investor, ending collection efforts on island refineries in the Caribbean and landing him among Law360's 2018 International Arbitration MVPs.
An early investor in Chinese music streaming service Tencent Music who claims he was cheated out of an equity stake in the company has asked a New York federal judge to allow him to collect evidence from several U.S. banks for a pending arbitration in China.
A California federal court has paused an American IT company’s suit accusing Dutch telecom Veon Ltd. and its former Italian subsidiary, Wind Tre, of fraud, ruling that an arbitrator must determine whether the dispute should be handled through arbitration.
The European Union’s antitrust watchdog is taking Romania to court over the country's failure to fully claw back €92 million ($104.8 million) it paid to two Swedish investors in violation of EU state aid rules, the agency said Friday.
A Texas federal judge has finalized his judgment confirming U.S.-based Carpatsky Petroleum Corp.’s $147 million arbitration award against Ukrainian company OJSC Ukrnafta over a soured oil and gas development deal, after allowing the latter to drop some of its remaining claims and severing the allegations it still wants to pursue.
A Russian scientist living in hiding after his claims of widespread state-sponsored doping led to severe penalties on Russia has asked a New York state court to halt a libel suit by three athletes until a Swiss arbitration court rules on their competition bans.
A Florida workers compensation insurer and a group of British reinsurers have agreed to settle a dispute over reinsurance payments for construction site injuries, six months after the Second Circuit asked a court to take a second look at whether a $1.5 million award against the reinsurers was tainted by an arbitrator's bias.
Morgan Lewis' J. Kyle Poe, a self-proclaimed "elder millennial," created a client management platform to streamline the firm's work in asbestos litigation that is now used across practice areas, making the firm's business more efficient and upping its ability to attract clients through innovative fee arrangements, earning him a spot on our 2018 list of Data-Driven Lawyers.
Freshfields Bruckhaus Deringer LLP partner and co-head of the firm's Latin America practice Noiana Marigo helped a ConocoPhillips Co. subsidiary score a $337 million deal to resolve a long-running dispute over Ecuador’s expropriation of two oil fields, earning her a spot among Law360’s 2018 International Arbitration MVPs.
ArcelorMittal South Africa Ltd. filed a proposed order of judgment in Pennsylvania federal court Thursday, saying the value of a recently confirmed arbitration award issued against an American mill equipment maker in a dispute over a South African desulfurization plant comes to $2.2 million.
The Russian Olympic Committee announced Thursday that it has appealed a Moscow court’s decision that reportedly split with an international sport court’s ruling disqualifying a gold medal-winning bobsledder for doping at the 2014 Winter Olympics.
Tiffany & Co. has failed to shake a 2013 arbitration award worth 403 million Swiss francs ($450 million at the time) issued against it in a dispute with The Swatch Group Ltd. over a soured distribution deal, with the Dutch Supreme Court rejecting the jewelry company’s efforts to annul the award.
President Donald Trump has been taking a victory lap in the wake of his summit with Chinese President Xi Jinping by promising to deliver a bounty of new concessions to U.S. businesses, but the two sides are still far apart on a concrete agreement, and bridging that gap may prove more difficult than Trump anticipates.
Ogletree's Evan Moses uses unconventional strategies to boost the firepower of his class action practice, including a homegrown Monte Carlo algorithm, earning him a spot on our 2018 list of Data-Driven Lawyers.
The virtual law team was created as a necessary response to mass tort litigation — however, with advances in technology and ever-increasing specialization of the legal practice, the model should be considered in multiplaintiff litigation of any size, say attorneys at Faegre Baker Daniels LLP.
Attorneys drafting asymmetric arbitration and jurisdiction provisions, particularly for consumer and employment contracts, must ensure that these provisions are valid in the jurisdictions where all parties are located, not only in the jurisdiction chosen by the contract, say Bruce Paulsen and Jeffrey Dine of Seward & Kissel LLP.
Predicting how the cybersecurity landscape will develop is critical for any organization wanting to mitigate the risk of the inevitable future attack. Michael Hall of HighQ Solutions Ltd. discusses five threats to look out for in the next 12 months.
Joshua Peck, incoming marketing director of Hill Wallack LLP, traces the evolution of the chief marketing officer position at law firms and shares insights from three legal marketing pioneers.
Effective Nov. 1, 2018, new rules from the Hong Kong International Arbitration Center provide noteworthy institutional means, without the consent of all parties, for joinder of parties and consolidation of proceedings so as to effectuate collective or opt-in class arbitration proceedings, says Gilbert Samberg of Mintz Levin Cohn Ferris Glovsky and Popeo PC.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Katie DeBord, chief innovation officer at Bryan Cave Leighton Paisner LLP.
Many global companies prefer to enter into contracts with foreign counterparties through a locally incorporated affiliate. This approach might help streamline business relationships and confer certain tax advantages, but the validity of the arbitration clauses in such contracts rarely has been tested, say Claudia Salomon and Irina Sivachenko of Latham & Watkins LLP.
With few cases going to trial, many attorneys keep their oral-presentation skills sharp by teaching continuing legal education programs. To avoid giving a CLE that falls flat and damages your reputation, you must fashion a thoughtful message, control its presentation, and nail the beginning and ending, says Daniel Karon of Karon LLC.
Since the oldest members of Generation Z aren’t even finished with law school yet, law firm management is in a unique position to prepare for their entrance into the legal workforce, says Eliza Stoker of Major Lindsey & Africa.
In this series featuring law school luminaries, Yale Law School lecturer and Pulitzer Prize-winning reporter Linda Greenhouse discusses her coverage of the U.S. Supreme Court, the conservatives' long game and trends in journalism.