Insurer Griffin Underwriting can sue the owner of a ship that was hijacked by pirates off the coast of Somalia for breach of contract after a court in London ruled that the English legal system has jurisdiction over the claim.
The Financial Conduct Authority gave its backing to Prime Minister Theresa May’s controversial agreement for Britain's withdrawal from the European Union on Thursday, warning that crashing out of the bloc in March would bring “much higher risk” for the companies it regulates.
A Pennsylvania federal judge on Wednesday upheld a nearly 16.2 million South African Rand ($1.2 million) arbitral award in favor of steel company ArcelorMittal South Africa in a dispute over a South African desulfurization plant.
A controlling shareholder of a Chilean wine company on Tuesday reiterated his Eleventh Circuit bid to reverse a lower court’s decision ordering him to pay an American investor $28.7 million, contending that the company secured a windfall and is using “baseless arguments and red herrings” to defend it.
A medical technology business is seeking a rehearing en banc at the D.C. Circuit after a panel affirmed that a $400 million arbitral award the company secured against the Czech Republic Ministry of Health was not enforceable, asserting the ruling conflicts with standards for confirmation laid out by other circuit decisions.
The Monetary Authority of Singapore and Shanghai Municipal Financial Regulatory Bureau said Tuesday that they have identified key areas in which to increase financial cooperation between the country and the sovereign city-state, including financing the Belt and Road Initiative projects.
The U.S. subsidiary of Venezuela’s state-owned oil company that owns Citgo has urged a Delaware federal judge to extend the stay of Crystallex enforcement actions regarding a $1.2 billion arbitration award against the financially troubled nation, saying the matters should remain paused pending a Third Circuit decision in related litigation.
Vantage Deepwater Co. has urged a Texas federal court to disregard Petrobras' contention that the Texas driller's recent deal with U.S. regulatory authorities in a bribery matter bolsters its argument that a $622 million award against the Brazilian company should be nixed, saying the settlement is inadmissible and irrelevant.
Global consulting firm AlixPartners LLP has nabbed an international arbitration expert from Ankura Consulting Group LLC, bolstering its investigations, disputes and risk practice in Washington, D.C., with her background in matters touching on sectors like construction, transportation and energy.
A Singapore appeals court refused on Tuesday to revive an arbitral award issued to South African investors who accused Lesotho of leaving them without a forum to pursue claims relating to a mining lease dispute, saying the underlying tribunal lacked jurisdiction.
A World Trade Organization panel overseeing China’s challenge of the European Union’s treatment of Beijing in its anti-dumping investigations said Tuesday it will issue its decision sometime in the first half of next year.
The European Court of Justice heard detailed arguments on Tuesday about whether the U.K. can unilaterally reverse the process of leaving the European Union, in a case that campaigners hope could help to keep Britain in the bloc.
A Dutch telecom can’t continue its $1.5 billion suit accusing the Hong Kong subsidiary of a Chinese state-owned asset management company of plotting to steal its satellite designs while similar claims are being arbitrated in Hong Kong, the company has told a California federal judge.
Russia on Monday was ordered by an international tribunal to pay one of Ukraine's largest banks $1.1 billion for expropriating its assets in Crimea following its 2014 takeover of the peninsula.
Crystallex International Corp. has reached a deal with Venezuela and will temporarily halt efforts to enforce a $1.2 billion arbitration award issued after the financially troubled nation expropriated its mining investments, saying Monday that it's already pocketed $500 million in cash and liquid securities.
Disney can’t get its way over how arbitration should occur in a fight for insurance coverage linked to the “pink slime” news reports aired by subsidiary ABC, a Canadian appeals court ruled Friday, saying the entertainment giant’s reading of the insurance contract didn’t make sense.
South American Silver Ltd. won $28 million to resolve its claims before an arbitration tribunal in The Hague that the Bolivian government improperly seized the Bermudian mining company's investments in the country, SAS has said.
The European Commission on Monday issued an official proposal to restore order to the World Trade Organization’s Appellate Body, which has been badly hobbled by the Trump administration over the past year, in an attempt to rescue the globe’s highest trade court from collapse.
The elite slate of attorneys chosen as Law360’s 2018 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.
A Texas federal judge has recommended that Psara Energy Ltd.'s $19.9 million breach of contract suit against the purported successor corporation of Space Shipping Ltd. be arbitrated, saying Psara's claims are connected to those in an ongoing foreign arbitration proceeding.
This special series examines the legal, strategic and economic dimensions of the Trump administration's trade agenda, and assesses what the recent shifts in U.S. trade policy may mean for the country and for the established system of international commerce.
The tech industry is now at the center of policies designed to protect U.S. technology from foreign access and influence — including not only restrictions on foreign investment, but also supply chain exclusions, limits on academic research, curbs on third-country technology transfers and measures against foreign control of key raw materials, says Hdeel Abdelhady of MassPoint Legal and Strategy Advisory PLLC.
The process of applying for litigation financing isn’t difficult, but few do it right the first time. Following five steps in your application process will help make sure litigation funders are convinced of the value of your company's legal claims, says Molly Pease of Curiam Capital LLC.
The inner workings of the Trump economics and trade team remain foggy, but the administration's trade strategy can be discerned from the public statements of the president and his advisers. Unpredictability, mercantilism, bilateralism and a willingness to accept collateral damage are among the most important patterns, says Charles Skuba of Georgetown University’s McDonough School of Business.
In the next installment of this series examining the dimensions of the Trump administration's trade agenda, Erica York of the Tax Foundation discusses how the economic harm caused by tariffs could slow or offset the economic and employment benefits of tax reform.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
Increasing tariffs, new scrutiny of foreign investments in U.S. companies, and export controls over “emerging and foundational” technology are part of a Trump administration strategy to advance national security objectives using economic tools. These measures are ushering in a new era of trade restrictions, say attorneys with Kirkland & Ellis LLP.
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 Pier D'Angelo, chief pricing and practice officer at Allens.
In the first article of this special series on the Trump administration's trade policies, attorneys from Covington & Burling LLP explore how a notable increase in U.S. anti-dumping and countervailing duty enforcement actions is creating significant compliance challenges for foreign companies and U.S. importers.
In the two years since the American Bar Association's controversial anti-discrimination and harassment rule, only one state has adopted it, while numerous state supreme courts, state attorneys general and legal groups have correctly rejected Model Rule 8.4(g) as a threat to lawyers' First Amendment rights, says Bradley Abramson, an attorney with Alliance Defending Freedom.