The former general counsel for Bio-Rad Laboratories Inc. took the stand in his retaliation suit accusing the life sciences company of firing him for reporting possible Foreign Corrupt Practices Act violations related to payments in China, testifying that Bio-Rad’s CEO resisted his attempts to investigate possible wrongdoing.
Billionaire private equity investor Wilbur Ross, chosen by President-elect Donald J. Trump to head the U.S. Department of Commerce, said at his Senate confirmation hearing on Wednesday that he recently fired a household worker who could not prove authorization to work in the U.S.
A New Jersey bankruptcy judge on Wednesday approved Hanjin Shipping Co.’s request to sell off its stake in a terminal operator for $78 million, over the objections of U.S.-based creditors, saying that the Korean courier showed a sincere effort to enhance the sale value in a limited amount of time.
Texas-based medical device company Orthofix International will pay $14 million in disgorgement and penalties and admit wrongdoing for improperly booking revenue and paying off Brazilian doctors to boost sales, the U.S. Securities and Exchange Commission said Wednesday.
The U.S. Department of Commerce’s Bureau of Industry and Security announced Wednesday that it is loosening restrictions on exports of goods with potential military uses to India, under a strategic partnership agreement between the two nations announced in 2010.
A group of consumers who claim they were misled by “Imported From Italy” labels on Filippo Berio olive oil asked a California federal court on Wednesday to give initial approval to a preliminary settlement reached with Salov North America Corp.
The full Delaware Supreme Court on Wednesday criticized the lack of coordination between investors’ attorneys from two separate suits targeting an alleged Wal-Mart Mexico bribery scandal, ordering a lower court to contemplate whether one shareholder group’s rights were violated by the other’s case.
Billionaire investor Wilbur Ross said Wednesday that he would follow through with President-elect Donald Trump’s vow to renegotiate NAFTA if confirmed as the next Department of Commerce secretary, but also walked back Trump’s threat to impose blanket tariffs on Chinese goods.
South Carolina Gov. Nikki Haley, President-elect Donald Trump's nominee to serve as United Nations ambassador, told a Senate panel Wednesday that the United States should be more assertive at the international body, and that she intends to drive action on the environment, refugees and sanctions enforcement.
Imports of steel plate from China are being sold in the U.S. at less than fair value and receiving subsidies from the Chinese government, the U.S. Department of Commerce said on Wednesday, in its final determination of anti-dumping and countervailing duties.
Just two days before President Barack Obama is set to exit office, his administration on Wednesday filed a new World Trade Organization dispute against Canada, challenging regulations that it claims have unfairly kept U.S. wines from grocery store shelves in British Columbia.
Norton Rose Fulbright announced Wednesday that it would soon launch an international trade treaty practice, saying the United Kingdom’s plan to quit the European Union and potential changes in U.S. trade policy created an opening for its lawyers to advise companies and help them shape future trade deals.
Top European Union officials predicted Wednesday that Brexit negotiations with the U.K. will be arduous and leave Britain with poorer EU trade relations than it now enjoys as a member of the bloc.
A lawyer for Bio-Rad Laboratories Inc.’s ex-general counsel told a California federal jury during opening arguments in his retaliation suit Tuesday that the company fired him for blowing the whistle on its Foreign Corrupt Practices Act compliance in China, while Bio-Rad countered that he was an ill-tempered lawyer terminated for incompetence.
Just days before stepping out of office, the Obama administration on Tuesday renewed a bid to fill a pair of vacancies at the U.S. Commodity Futures Trading Commission, re-nominating a former Cravath Swaine & Moore LLP attorney and a hedge fund manager who didn’t advance last year.
Mintz Levin Cohn Ferris Glovsky and Popeo PC has hired a Silicon Valley veteran intellectual property trial attorney who specializes in international IP law from Dechert LLP to bolster its IP practice, the firm said Tuesday.
A coalition of unions representing pilots and flight attendants has sued the U.S. Department of Transportation in the D.C. Circuit to challenge the agency's grant of a foreign air carrier permit to Norwegian Air Shuttle ASA's Irish subsidiary.
The World Trade Organization’s Appellate Body said Tuesday that it will miss the deadline to issue its report on the European Union’s efforts to bring its subsidies to aviation giant Airbus SAS in line with WTO rules, adding another delay to a case docket that is littered with them.
The U.S. Food and Drug Administration's foreign drug inspection program is persistently understaffed despite overall improvements to the program in recent years, the U.S. Government Accountability Office said in a report released Tuesday.
A New Jersey power transmission equipment distributor on Tuesday challenged the U.S. Department of Commerce on dumping duties on iron mechanical transfer drive components in the Court of International Trade.
Every year, statistics reveal very little change in the number of women and minorities in the ranks of partnership. So how do law firms change this painfully slow rate of progress? It takes more than adding a diversity policy or a women’s leadership program to the current law firm business model, says Lucia Chiocchio, co-chair of Cuddy & Feder LLP's telecommunications and land use, zoning & development groups.
As 2017 marks the commencement of a new presidential administration, the food and beverage industry is one of many sectors facing anticipated regulatory and legislative reforms. Specifically, the industry can expect to see governmental attention on a number of fronts, say attorneys at McGuireWoods LLP.
Our first article in this two-part series focused on the most significant event in trade secret law in many years — the passage of the federal Defend Trade Secrets Act. Now we leave the DTSA and highlight five other trade-secret trends that promise to shape future developments, say attorneys with Faegre Baker Daniels LLP.
Laws against bribery and corruption, like the U.S. Foreign Corrupt Practices Act and U.K. Bribery Act, are growing increasingly tough, often applying in surprisingly broad circumstances. The laws' principles continue to be tested in court, but for now, insurers writing risks in foreign jurisdictions should adopt a proactive stance in vetting the practices of their local subsidiaries and insureds, say Deepa Sutherland and Hernán Cip... (continued)
After a full year in effect, the amended Federal Rule of Civil Procedure 37(e) has been tested in a variety of district courts. A sampling of these decisions reveals that courts seem to be adhering closely to the amended rule and ordering adverse inference instructions only where there was intent to deprive another party of access to relevant information, say Carrie Amezcua and Samantha Southall of Buchanan Ingersoll & Rooney PC.
Democrats will have a difficult time actually defeating any of President-elect Trump's cabinet nominations because of a change they made to the Senate rules to end the filibuster for executive branch nominations. Their goal is not really to defeat the nominees but to draw stark differences early on in the new administration, say Richard Hertling and Kaitlyn McClure of Covington & Burling LLP.
Many organizations are interested in finding electronic discovery partners who offer tantalizingly low prices for electronic discovery services. However, unforeseen gaps, lax security practices, ignorance of global practices and delayed deliverables can all add up to a surprisingly large final cost, says Michael Cousino of Epiq Systems.
When acquiring and investing in companies, it is critical to evaluate and mitigate the risk of both previous and future violations of the Foreign Corrupt Practices Act. Mark Mendelsohn and Peter Jaffe of Paul Weiss Rifkind Wharton & Garrison LLP discuss unique challenges for investors and essential considerations for mergers and acquisitions.
As President-elect Donald Trump continues to assemble his cabinet and develop strategies for his first 100 days in office, U.S. employers with temporary foreign workers contemplate an uncertain future. Despite Trump’s prediction that he will in time be regarded as the country’s “greatest jobs president,” many in the international business community remain apprehensive, say Brian Coughlin and David Iannella of Fragomen Del Rey Bernsen & Loewy LLP.
Teva's Foreign Corrupt Practices Act settlement last month — the largest-ever FCPA resolution involving a pharmaceutical company — was the capstone to a year of many significant FCPA settlements and resolutions with drug companies. This year, it is likely that enforcement will change given the new administration, say Melissa Jampol and Elena Quattrone of Epstein Becker & Green PC.