The European Commission on Friday received permission from Europe's individual member states to negotiate with the U.S. in a bid to resolve a long-running trade dispute over shipments of U.S. beef treated with hormones.
Ukraine continued pressing the D.C. Circuit on Thursday to scrap an order enforcing a $112 million arbitral award against the country for seizing an oil refinery from Russian energy company PAO Tatneft, arguing the energy company is a state-controlled entity and therefore Ukraine is immune to its claims.
Cellphone maker HTC America Inc. urged a Texas federal court on Thursday to nudge Ericsson Inc. into turning over evidence related to its alleged overcharging for aging standard-essential patents, saying the Swedish telecom is dragging its feet while it awaits a ruling on whether certain antitrust claims can be arbitrated.
A Turkish power generating company urged a D.C. federal court Thursday to deny Pakistan's bid to toss the company’s suit to enforce an $846 million arbitral award issued over a rental power project, arguing that the country's allegations that the project was tainted by corruption are misplaced.
A New York federal judge has said a former Romanian tennis star suing the Women's Tennis Association received enough personal benefit from the ownership of a Madrid tournament that he must adhere to his company's arbitration agreement with the tennis organization, even if he personally did not sign it.
A new pilot program will require inbound U.S. investments across nearly 30 industries to file with the Committee on Foreign Investment in the United States, a significant change from the previously optional process that could spur steep financial penalties for those who fail to comply. Here, Law360 outlines key aspects of the soon-to-be-instituted rule change.
A number of World Trade Organization cases spurred by the Trump administration’s national security-based duties on steel and aluminum will move toward a more contentious stage at an Oct. 29 meeting of the WTO’s dispute wing, according to a meeting agenda circulated Friday morning.
Debevoise & Plimpton LLP has hired Ashurst LLP's former head of commercial disputes in Hong Kong, a longtime pro in the banking and financial sectors who represents clients in litigation, international arbitration, and before Securities and Futures Commission investigations.
A subsidiary of French resource management company Veolia Group has initiated arbitration against the Gabonese Republic for terminating the subsidiary's concession to produce and distribute drinking water and electricity, after a conciliation attempt initiated earlier this year came up short.
A Spanish natural gas company has sought enforcement from a D.C. federal court of its approximately $2 billion award against Egypt, issued after an international tribunal concluded the country was responsible for cutting off the gas supply to liquefaction facilities the company operated.
A Fifth Circuit panel has asked the Louisiana Supreme Court to rule on whether a state law allowed Korean shipper Daewoo International Corp. to seize a contested iron shipment as it looked to compel America Metals Trading LLP into arbitration.
Citibank has told a Florida federal judge that a controlling shareholder in a Chilean wine company ordered to pay a $28.7 million arbitration award to a Delaware investor for breaching a stock repurchase agreement has about $96,600 in cash across several accounts subject to garnishment, plus shares in a handful of companies.
California-based private equity firm Cordillera Investment Partners said Thursday that, with assistance from Ropes & Gray LLP, it has closed its sophomore investment fund at $362 million, with plans to invest in areas that don’t fit into traditional asset classes, such as music royalties and boat marinas.
A Ukrainian energy company urged a D.C. federal court on Wednesday to reopen its lawsuit seeking to confirm an approximately $50 million arbitral award against the Republic of Moldova, arguing that a renewed set-aside proceeding in France does not mean the suit has to remain on hold.
After an emotionally fraught confirmation process with sexual misconduct allegations front and center, a new justice joins the Supreme Court bench and brings four female clerks with him. The hires bring gender parity to the court's clerkship ranks for the first time, but will the shift be long-lasting?
Lloyd's of London underwriters and the International Insurance Co. of Hannover SE have told a Texas federal court that the owner of a condominium complex must arbitrate its $1 million dispute over a denied insurance claim following a serious storm that hit the Houston area in the spring of 2017.
A Florida federal judge has shut down a bid by a Brazilian man to nix a lawsuit filed by a Rio de Janeiro investment firm looking to enforce a more than $500,000 arbitration award, finding his many contacts in Florida give the court jurisdiction over him.
An Ohio analytics firm told a New York federal judge on Tuesday that a Chinese company’s bid to pause a $5 million arbitration claim over a contractual dispute was “legally untenable” and challenged the foreign company’s attempt to cite Chinese law to escape the claim.
Spain urged a D.C. federal court to scrap a renewable energy investor's bid to enforce a €53.3 million ($61.3 million) award issued against the country after it overhauled its solar energy policies, saying the award was suspended after Europe's top court ruled certain arbitration clauses are incompatible with European Union law.
Kazakhstan has urged the D.C. Circuit to nix an order confirming a more than $500 million arbitral award a Swedish tribunal issued against it that Kazakhstan says is tainted by fraud, while investors have argued that a D.C. federal court correctly barred them from relitigating those allegations.
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.
The reversal last month by New York's appellate division in Daesang v. NutraSweet is an important decision for the state's courts because it helps reaffirm New York's role as a preferred venue for international arbitration, say Stephen Younger and Michael Farinacci of Patterson Belknap Webb & Tyler LLP.