Another country is soon likely to join the likes of Brazil, Sweden and others whose enforcement agencies have coordinated resolutions of foreign bribery cases with the U.S. Department of Justice, an official said on Monday.
Trade officials with the European Union and Mexico announced that they have struck a bilateral free trade agreement that would eliminate virtually all duty payments between the two economies and further open government contracts by the North American nation to European companies.
An English appeals court on Monday upheld the enforcement of a $4.9 million arbitration award issued to a Chinese metals supplier against a British company over an alleged breach of a steel contract, finding that although the manufacturer may have tried to forge shipping documents, it failed, and failed forgery is no fraud at all.
The U.S. called out China in a World Trade Organization filing Friday for failing to give a complete picture of certain subsidy programs it provides to companies within the emerging industries, steel and fisheries sectors, as required by WTO rules.
The U.S. Department of the Treasury’s Office of Foreign Assets Control on Monday partially walked back sanctions imposed earlier this month against United Co. RUSAL, the world’s second-largest aluminum producer, in response to Russia’s actions in Ukraine and Syria and interference in the 2016 presidential election.
Vitamin C importers told the U.S. Supreme Court in a brief ahead of oral arguments next week that domestic courts are not required to defer to a foreign government's interpretation of its own laws, in a closely watched price-fixing case set to include participation from both the U.S. and China over the vacating of a $147.8 million judgment.
Navy Secretary Richard Spencer at a Senate panel hearing Thursday called on the U.S. Department of Defense to develop an algorithm to detect and prevent instances of adversaries accessing sensitive information through contracts, pointing to a close call involving Chinese telecommunication equipment company Huawei Technologies.
A seemingly small change to China’s value-added tax rates set to go into effect next month may not be enough to give China an edge over the U.S. in drawing new businesses, but it could encourage existing multinational businesses to stay put.
The European Commission on Thursday presented to the European Council the separate trade and investment deals it hopes the European Union will strike with Japan and Singapore that would sweep the economies under united sets of trading rules.
The U.S. Court of International Trade on Thursday upheld the U.S. Department of Commerce's selection of Thailand as the comparative country for setting anti-dumping duty rates for certain activated carbon from China, but kicked back several of the department's specific determinations in the matter.
A South Korean producer has launched a complaint before the U.S. Court of International Trade contesting the rate it was assigned in an anti-dumping duty review of Korean oil piping materials, arguing that one translation mistake in a financial statement did not warrant the court's decision to assign an adverse rate.
Britain’s Chancellor of the Exchequer Philip Hammond called on international financial services and insurance regulators on Friday to impose tighter sanctions on North Korea to help put a stop to dirty money used to fund weapons of mass destruction.
The U.S. Department of Commerce should improve the procedures that businesses must follow for securing a reprieve from the Trump administration’s sweeping tariffs on steel and aluminum to ensure that due process is followed, the heads of the Senate Finance Committee asserted on Thursday.
Nearly 100 Democratic lawmakers urged the Trump administration late Wednesday to use its influence in the North American Free Trade Agreement negotiations to beat back pending Mexican legislation that they claim would hinder the effort to improve the trade deal’s labor provisions.
Prosecutors have urged the Second Circuit to reject a former Guinean mining minister’s bid to undo a money-laundering conviction, arguing that the U.S. Supreme Court’s McDonnell decision interpreting U.S. bribery law doesn’t apply to foreign statutes.
A decision issued last month by Europe's top court concluding that an arbitration clause in a Dutch-Slovak investment treaty is incompatible with European Union law may also apply to agreements between the bloc or its member states and third countries, according to a Thursday report.
The White House on Thursday unveiled a broad plan to overhaul U.S. arms export rules, meant to better align policy with national and economic security interests, make the export process more streamlined and predictable, and open up more drone exports.
The U.S. Department of Commerce provided substantial evidence to support its decision to use comparative data from Bulgaria for calculating whether Chinese companies dumped steel threaded rod in the United States, the U.S. Court of International Trade determined on Wednesday.
The Russian government added its name Thursday to the growing list of countries questioning the Trump administration’s national security-based tariffs on steel and aluminum, following the lead of numerous other nations that have opted to treat the duties as safeguard measures.
As importers and foreign producers scramble for a reprieve from the Trump administration’s sweeping tariffs on steel and aluminum, attorneys are beginning to confront the challenges in navigating a bureaucratic process that has already been overrun with a wave of exclusion requests.
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.
Over the past few years, forward-thinking law firms have expanded their talent pools to include a chief innovation officer, whose responsibilities include spearheading the implementation of technology. It is a smart move, says Mark Williamson, co-founder and chief technology officer at Hanzo Archives Ltd.
A year after President Donald Trump withdrew the U.S. from the Trans-Pacific Partnership, the remaining TPP countries have signed a revised agreement among themselves, and U.S. exporters may pay a heavy price. Now is the time for industries with the most to lose to push for a U.S. return to the TPP, says Christopher Corr of White & Case LLP.
It's unusual for the Committee on Foreign Investment in the U.S. to delay the election of a public company’s board of directors because they may approve a future transaction. But it's not surprising that CFIUS acted to protect critical U.S. network infrastructure from a foreign buyer, say attorneys with Sheppard Mullin Richter & Hampton.
If successful, Acetris' challenge in the U.S. Court of International Trade could have a meaningful impact on decisions about where to manufacture active pharmaceutical ingredients for the very broad range of drug products sold to the U.S. government, say attorneys with Covington & Burling LLP.
Just last month, a number of legal groups asked the Northern District of California to strike its rule requiring that, before seeking federal court admission, attorneys first be licensed by the state of California. It is irrational to exclude seasoned federal practitioners from general admission due to state bar approval while allowing raw state lawyers who have never been inside a federal courtroom, says attorney EJ Hurst.
The decision by Venezuela’s state-owned oil company PDVSA to pursue claims in the U.S. over an alleged bribery scheme raises a number of legal and strategic issues not just for the defendants named in the suit, but also for PDVSA’s bondholders and creditors of the republic, say Richard Cooper and Boaz Morag of Cleary Gottlieb Steen & Hamilton LLP.
Last month, U.S. House of Representatives Foreign Affairs Committee Chairman Ed Royce, R-Calif., introduced the Export Control Reform Act of 2018, which could have a significant impact on restricting access to U.S. technology, even within the United States. Companies should be aware that the act would increase compliance complexity and heighten enforcement risk, say attorneys with Kirkland & Ellis LLP.
China has recently implemented a number of changes to its food regulatory system. U.S. beef can again be imported to China after a 14-year prohibition. But companies must comply with new standards for food manufacturer certification, food labeling and food packaging, say attorneys with Keller and Heckman LLP.
The recent announcement of new steel and aluminum tariffs provided few answers regarding their scope and operation. The sooner definite procedures for exclusions and exemptions are established, the better for the global economy, say Donald Cameron and Mary Hodgins of Morris Manning & Martin LLP.
As China says "zai jian" to the Year of the Rooster and "ni hao" to the Year of the Dog, it's a good time to reflect on developments in China's food laws in 2017. Many important food regulations and standards were revised, including rules on health foods, GMOs and infant formula, say attorneys with Keller and Heckman LLP.