We asked, and you answered. Here are the results of Law360’s inaugural survey on third-party legal funding.
They often don’t know exactly what they’re buying, and there’s an ever-present chance they could come up empty in a given case. Here’s why investors are flocking to litigation finance anyway.
Once a taboo topic in the halls of BigLaw, litigation finance is now winning over converts — and pressing their rivals to join the bandwagon.
The finance chiefs of Europe's five largest economies on Monday warned U.S. Treasury Secretary Steve Mnuchin and other U.S. leaders that provisions of the Republican tax bills could be at odds with World Trade Organization rules, break double-taxation agreements, constitute unfair trade practices and hurt international banking and insurance.
Texas-based Winland International Inc. filed a complaint with the U.S. Court of International Trade on Monday after an imported shipment of truck and bus tires was denied entry into the country for having the wrong manufacturer code stamp.
A former Istanbul police investigator told a Manhattan jury Monday that Mehmet Hakan Atilla, a Turkish banker facing charges of helping Iran evade U.S. sanctions, was being monitored about five years ago, but Atilla’s lawyers called his testimony irrelevant and asked for a mistrial.
A decision in the bombshell dispute between the European Union and China regarding the treatment of Beijing in anti-dumping cases has been delayed to the second half of 2018, the World Trade Organization said Monday, citing a lack of personnel on hand to weigh the case.
The U.S. Supreme Court on Monday declined a German paper company’s request for review of a Department of Commerce decision to use adverse information available in assigning the company a punitive anti-dumping tariff of more than 75 percent.
U.S. Trade Representative Robert Lighthizer addressed the World Trade Organization’s Ministerial Conference in Argentina on Monday, with relatively kind words for the multilateral trading system while reiterating his call for big changes to the WTO.
King & Spalding LLP announced Tuesday they've expanded the firm’s trade practice in Geneva with the addition of a former European Commission trade proceedings hearing officer and a former World Trade Organization director.
Law360's MVP award goes to attorneys who have distinguished themselves from their peers in litigation, deals and other complex matters. Find the MVPs at your firm here.
The elite slate of attorneys chosen as Law360’s 2017 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.
European Union and Japanese officials announced Friday that they have finalized the details of a sweeping new trade deal that will forge two of the globe’s largest economies under a united set of trading rules.
The U.S. International Trade Administration has updated a review of Chinese imports of monosodium glutamate with an eye to whether the food additive is being sold in the U.S. at unfairly low prices, finalizing its anti-dumping rates for a recent 12-month period, according to a Friday notice in the Federal Register.
A former Obama administration official responsible for financial security told a Manhattan jury Friday that Mehmet Hakan Atilla, a Turkish banker facing charges of helping Iran evade U.S. sanctions, attended many meetings where growing concerns in Washington over his bank's work with Tehran were aired.
South Korea protested its inclusion on a European Union list of “uncooperative” tax jurisdictions, claiming it violates the country's state sovereignty.
British Prime Minister Theresa May and European Commission President Jean-Claude Juncker sealed a predawn deal in Brussels that opens the door for a second phase of talks on a post-Brexit trade agreement between the U.K. and European Union, the commission said Friday.
The U.S. Department of Commerce has slapped a pair of aluminum extrusion producers from China with countervailing duties after concluding that the companies’ exports of the products to the U.S. were subsidized.
The Senate Finance Committee on Thursday approved Kevin McAleenan to be the next head of U.S. Customs and Border Protection, sending the nomination to the full Senate after a brief and largely uncontroversial hearing.
Turkish-Iranian trader Reza Zarrab on Thursday denied being sympathetic to Iran’s “economic jihad” despite his letter to then-President Mahmoud Ahmadinejad complaining of U.S. “world-devouring Imperialism,” as counsel for a Turkish banker on trial for allegedly helping Iran duck sanctions peppered him with tough questions.
President Donald Trump has begun the process of renegotiating the North American Free Trade Agreement, fulfilling one of his bedrock campaign promises. As the administration prepares to reopen the agreement for the first time in 23 years, catch up on all of Law360’s latest coverage of NAFTA and what lies ahead for the U.S., Mexico and Canada.
Millennials are now the largest living generation and comprise one-third of jurors. While it is impossible to generalize a group so large and diverse, trial lawyers should be mindful of certain generational differences, say baby boomer Lee Hollis and millennial Zachary Martin of Lightfoot Franklin & White LLC.
Last week, the Organization for Economic Cooperation and Development held a roundtable on extraterritorial remedies, including on global portfolio-wide remedies in antitrust patent licensing cases. Koren Wong-Ervin, director of IP and competition policy at Qualcomm Inc., reviews some of the public statements made by speakers at the off-the-record event.
The World Trade Organization is in Buenos Aires this week for its biennial Ministerial Conference with increasingly diminished expectations for updating international trade rules. One subject not on the formal agenda, but likely to be hotly debated, is the ongoing U.S. block on the appointment of new WTO Appellate Body members, says former WTO permanent delegate Robert McDougall, now a senior fellow at the Centre for International ... (continued)
There have been many articles on the corporate monitor selection process, but you will find little guidance on how to prepare yourself for a job that has few parallels. There are three key lessons I have learned over the course of a Foreign Corrupt Practices Act monitorship still in progress, says Gil Soffer of Katten Muchin Rosenman LLP.
Much has been written about the 2012 "Resource Guide to the U.S. Foreign Corrupt Practices Act," but no one has talked about the behind-the-scenes work that produced the guide — until now, say Charles Duross, former chief of the FCPA Unit at the U.S. Department of Justice, and Kara Novaco Brockmeyer, former chief of the FCPA Unit at the U.S. Securities and Exchange Commission.
The U.S. Department of Justice’s new Foreign Corrupt Practices Act policy confirms and reiterates the standards for voluntary self-disclosure, full cooperation, and timely and appropriate remediation. However, firms have to carefully assess the potential benefits along with the costs and risks, say attorneys with Eversheds Sutherland.
The twist in the Lindsey Manufacturing Foreign Corrupt Practices Act case was the truncated time in which we prepared. Having refused to waive their rights to a speedy trial, our clients took control of the case — this, along with the compressed time frame, forced the government to make errors, say Janet Levine, Sima Namiri-Kalantari and Megan Weisgerber of Crowell & Moring LLP.
Since its whopping $800 million Foreign Corrupt Practices Act settlement in 2008, Siemens cleaned up — and it has “cleaned up” in its long-standing competition with General Electric. How? As Secretary of State Rex Tillerson reportedly told President Donald Trump, you don’t need to pay bribes to succeed in international business, says Peter Y. Solmssen, former general counsel of Siemens.
The cases of Jesner v. Arab Bank and Doe v. Cisco Systems pose different legal tests under the Alien Tort Statute. But these decisions could hold major consequences for environmentalists, human rights activists and even individuals who have turned to ATS to go after transnational corporations, says Dan Weissman of LexisNexis.
The 2008 Siemens matter — then the largest sanction ever imposed in a Foreign Corrupt Practices Act enforcement action — set the stage for future cross-collaboration in global anti-corruption enforcement, say Cheryl Scarboro, former chief of the FCPA Unit at the U.S. Securities and Exchange Commission, and Diana Wielocha of Simpson Thacher & Bartlett LLP.