Britain’s Competition and Markets Authority believes its unprecedented banking reform package has changed the game, and technology revolution will begin in earnest, an agency director told Law360 in an exclusive interview.
The government of Panama has asked to impose $210 million in annual retaliatory trade sanctions against Colombia, in response to Bogota's purported failure to comply with a World Trade Organization decision faulting its tariffs on apparel, textiles and footwear imports, according to a WTO document circulated on Friday.
A Florida federal judge has approved an agreement reached between the Federal Trade Commission and a Palm Harbor, Florida, company and its managing member to resolve their role supporting an India-based telemarketing scheme that bilked American consumers out of $1.5 million in less than a year.
The head of Italy's aerospace and defense industry association has claimed that the U.S. government and Lockheed Martin Corp. have broken promises regarding Italy's level of involvement in the F-35 fighter jet maintenance program, media reports said Friday.
Swiss engineering company ABB has said that it self-reported allegedly improper payments made as part of its dealings with services company Unaoil to authorities in the U.S. and the United Kingdom, becoming the latest company entangled in wide bribery investigations related to the Monaco firm.
The makers of the Snuggie scored a win on Friday when the U.S. Court of International Trade found that the sleeved polyester fleece item is a blanket, subjecting it to a lower import duty than a garment, which was the classification U.S. Customs and Border Protection had used.
President Donald Trump and Japanese Prime Minister Shinzo Abe emerged from their White House meeting Friday with plans to work more closely on Asia-Pacific trade, but Trump also signaled that he may take action on purported currency devaluations by the region’s other economic powerhouse, China.
A U.S. steel company Wednesday urged the Federal Circuit to uphold a decision by the International Trade Commission barring a rival Indian company from importing steel products for more than 16 years for destroying evidence in a trade secrets case.
A pair of Democratic senators said Thursday that President Donald Trump has changed his position on the U.S. Export-Import Bank — which he once blasted as “featherbedding” for politicians and corporate interests — and now supports returning the bank to its full lending capacity.
A Florida federal judge cited an ongoing appeal Thursday when refusing to hold that Fresh Del Monte Produce Inc. is still clear to try and confirm a $32 million arbitration award won against one of its fruit suppliers, a Costa Rican pineapple plantation whose suit was dismissed in December.
The U.S. International Trade Commission on Tuesday threw out inequitable conduct claims alleged by a Norwegian fishing company and others in an infringement case brought against them by Aker BioMarine Manufacturing LLC over its krill oil patents, saying the claims had not been pled with enough particularity.
California clothing company Greenlight Organic Inc. committed fraud by masking the value of its imports, the U.S. government charged in a suit filed in the U.S. Court of International Trade Wednesday that demands more than $3 million in unpaid tariffs and penalties.
The Ninth Circuit, in a decision published Thursday, ruled that a steel detailing design company’s possible use of a design software maker’s product without paying for it wasn’t de minimis copyright infringement, reversing a California federal judge’s decision.
An $8 million federal jury verdict award for former Bio-Rad general counsel-turned-whistleblower Sanford Wadler may loosen the restrictions of GC privilege and embolden more in-house attorneys to come forward as whistleblowers against their companies, attorneys say.
The U.S. State Department announced Thursday it had received TransCanada’s re-submitted application to begin construction of its contentious Keystone XL Pipeline project, a proposed pipeline to transport up to 830,000 barrels of oil per day from shale formations in Alberta, Canada, to the U.S. Gulf Coast.
President Donald Trump's recent vow to impose import taxes on Mexican goods to pay for a border wall is stoking concerns among energy firms that have cashed in on increasing Mexican demand for U.S. natural gas and petroleum products, and could chill new investment in cross-border infrastructure if Trump follows through on his threat, experts say.
Republican senators continue to push a reticent President Donald Trump for a hard stance on Russia, with legislation introduced on Wednesday aimed at preventing unilateral sanctions relief and a letter to the president on Thursday urging a “tough-minded and principled policy.”
The U.S. Department of Justice has closed its investigation of potential Foreign Corrupt Practices Act violations by deepwater driller Cobalt International Energy Inc., it said Thursday, ending six years of U.S. agency scrutiny of the company's business deals in Angola.
A negligence suit brought by the trustee of a defunct anti-terrorism tech company against accounting firm Mountjoy Chilton Medley LLP and law firm Thompson Coburn LLP should include the company’s former CEO and others as defendants, Mountjoy told a Pennsylvania federal judge on Wednesday.
Support for a Republican-led overhaul of the corporate tax code began showing signs of weakness this week as two GOP senators expressed concerns that the border adjustment tax at the centerpiece of the proposal will be detrimental to U.S. consumers and economic growth.
A coalition of retailers, shippers and trucking groups has petitioned the Federal Maritime Commission to limit the fees that marine terminal operators can charge when a shipping container remains at a port beyond its pickup time. The petitioners' arguments that such charges are sometimes inconsistent, and may not always serve their stated purposes, are legally sound, says Asa Markel of Masuda Funai Eifert & Mitchell Ltd.
The next four years will see litigation that explores the extent to which the Trump administration can alter or reverse the regulatory policies of the Obama administration without having to enact new legislation. The U.S. Supreme Court has recently made clear that there are fewer limits to an agency changing course than had previously been thought, says Steven Gordon of Holland & Knight LLP.
When mediators rely on force to get cases settled, it doesn’t work. It’s time to suggest more productive ways for top-gun litigators and top-flight mediators to engage, says Jeff Kichaven of Jeff Kichaven Commercial Mediation.
Last year, as part of a move toward transparency, cooperation and information-sharing, the Cayman Islands replaced its 40-year-old confidentiality law with a new statute. The key change is that disclosure of confidential information is no longer a criminal offense; instead, liability is returned to the realm of common law and rules of equity, say Andrew Bolton and Jane Hale of Appleby.
In his testimony before the U.S. Senate Committee on Commerce, Science and Transportation, President Trump’s nominee for Secretary of Commerce touched on several issues relevant to the administration of U.S. anti-dumping and countervailing duty law — suggesting that enforcement in this area could become more aggressive, says Eric Emerson of Steptoe & Johnson LLP.
Cybersecurity for ships, ports, terminals and offshore facilities is becoming an increasing concern for energy companies. As Congress considers relevant legislation, and agencies including the U.S. Coast Guard, the Department of Homeland Security and others begin exploring maritime cybersecurity regulations, energy firms must stay abreast of developments, say attorneys from King & Spalding LLP.
Love is not a subject that lawyers typically devote themselves to professionally. But as we witness this historic transition to a new administration, lawyers in particular are reminded that love is tied, however imperfectly, to our cherished founding ideals, says Kevin Curnin, president of the Association of Pro Bono Counsel.
Energy is one of the industries most targeted by cyberattacks. Now, maritime operations are emerging as the next frontier for cybersecurity regulation affecting the energy sector. Congress, federal agencies and international organizations are pushing cybersecurity measures for ships, ports, terminals and offshore facilities. The energy industry must prepare for regulations in this area, say attorneys from King & Spalding LLP.
In the United States, the number of lawyers whose firms have used litigation finance has quadrupled since 2013. Even so, too many remain poorly informed, leaving them at a competitive disadvantage and prone to oddly persistent “alternative facts” about litigation finance, says Christopher Bogart, CEO of Burford Capital.
Among the goals of Prime Minister Theresa May and President Donald Trump in Friday's meeting at the White House will be setting a course for a future U.K.-U.S. trade deal. The policies of both leaders will be on the line, say Jim Kearney of Womble Carlyle Sandridge & Rice LLP and Peter Snaith of Bond Dickinson LLP.