The United States has requested a dispute settlement consultation at the World Trade Organization challenging Indian export subsidies, the Office of the U.S. Trade Representative announced on Wednesday.
The White House said Wednesday that Lawrence Kudlow, a conservative economic commentator, will replace Gary Cohn as President Donald Trump’s chief economic adviser following Cohn’s decision last week to resign as director of the National Economic Council.
The House Committee on Foreign Affairs during a hearing on Wednesday fielded comments and advice from former government officials on how best to update export control regulations and foreign investment reviews that would both protect national security and help maintain economic advantages.
A former electrical engineer convicted of trying to sell surface-to-air missiles and military aircraft parts to the Iranian government was sentenced Wednesday to 25 years in prison, despite his claims he was actually trying to expose the regime as a violator of international law.
The U.S. tax overhaul and a federal spending increase are key factors behind an uptick in the global economy, but rising trade protectionism could undermine growth, according to a report released on Tuesday by the Organization for Economic Cooperation and Development.
South Africa’s competition authority has charged Takata Corp. with price-fixing in connection with BMW, Honda and Toyota auto parts contracts, the latest in a string of antitrust cases against the embattled Japanese company around the globe.
The World Trade Organization’s Appellate Body turmoil has swallowed up the long-running U.S.-Mexico dispute over “dolphin safe” tuna labeling regulations, as a document circulated Wednesday revealed that the appeals panel will not issue a final ruling in the case on time.
The Court of International Trade on Tuesday sustained the U.S. Department of Commerce's remand redetermination in the 2013-2014 administrative review of an anti-dumping duty order on glycine from China after domestic glycine producers asked for another review of the determination.
Broadcom Ltd. on Wednesday said it will no longer pursue its $117 billion takeover of Qualcomm Inc., ending a four-month struggle between the two sides just days after President Donald Trump blocked the deal on national security grounds.
The European Parliament on Wednesday voted to offer the U.K. a trade agreement without any special access for financial services or other industries after the nation leaves the European Union.
A Permanent Court of Arbitration tribunal has ruled that it has jurisdiction to consider an American paper company’s CA$70 million ($52.3 million) North American Free Trade Agreement claim alleging Nova Scotia improperly helped revive a local competitor's paper mill, finding that the benefits the province offered were "close to the line" but may have adversely affected investors in the product’s small market.
A day after Republican senators unveiled a bill to reverse the Trump administration’s pending tariffs on steel and aluminum duties, Senate Majority Leader Mitch McConnell, R-Ky., said Tuesday that tackling the tariffs through legislation is “highly unlikely” at this point.
Maryland-based Transport Logistics International Inc. has agreed to pay a $2 million criminal penalty to resolve charges it bribed an official at a subsidiary of Russia’s State Atomic Energy Corp. to win contracts to ship uranium to the U.S., according to a Department of Justice announcement Tuesday.
The Senate confirmed Gilbert Kaplan to serve as the U.S. Department of Commerce’s top trade enforcement official late Tuesday, nearly a year after President Donald Trump nominated the former King & Spalding LLP partner to join the agency.
Broadcom's hostile $117 billion takeover campaign for Qualcomm was halted by President Donald Trump due to national security concerns, marking the first time a non-Chinese buyer faced a presidential decision and suggesting that some competition woes worked their way into the interagency committee's analysis. Here, Law360 outlines three major takeaways from the executive order ending the proposed deal.
A California federal judge on Tuesday halted a proposed class action alleging New Balance Athletics Inc. falsely labels its shoes as “Made in the USA,” after the parties said they had reached a settlement that will be filed in early April.
President Donald Trump on Tuesday fired Secretary of State Rex Tillerson after a long and public falling out between the two men over the direction of the nation's foreign policy, taking to Twitter to announce his plans to nominate CIA Director Mike Pompeo to replace Tillerson as the country's top diplomat.
The Trump administration’s forthcoming tariffs on steel and aluminum and likely retaliation from U.S. trading partners could shed upward of 495,000 jobs in the services, manufacturing and farm sectors, according to a report released Friday by the Washington, D.C.-based analytical firm Trade Partnership Worldwide LLC.
The U.S. Department of Commerce has found that imports of Italian stainless steel butt-weld pipe fittings were not being sold at less than normal value, the agency said in preliminary results of an administrative review published Tuesday in the Federal Register.
Syngenta AG has agreed to a $1.51 billion settlement in the nationwide class action over its genetically modified corn seed, with classes of farmers in all but four of the sprawling multidistrict litigation’s cases asking a Kansas federal judge for preliminary approval Monday.
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.
Artificial intelligence tools can empower attorneys to work more efficiently, deepen and broaden their areas of expertise, and provide increased value to clients, which in turn can improve legal transparency, dispute resolution and access to justice. But there are some common pitfalls already apparent in the legal industry, say Ben Allgrove and Yoon Chae of Baker McKenzie.
Retail and consumer products companies can no longer afford to ignore blockchain as a passing trend. From tracing the source of a defective item, to verifying products' authenticity, to simplifying international shipping, to streamlining consumer loyalty programs, blockchain is increasingly becoming a valuable tool, say Scott Kimpel and Mayme Beth Donohue of Hunton & Williams LLP.
I have often suggested at arbitration conferences that the writing of any more articles on how to draft an arbitration clause should be outlawed. Yet, as an arbitrator, I continue to encounter cases in which inartfully drafted dispute resolution clauses cause confusion. At the risk of contributing to the scourge of online clutter, I will share a few brief thoughts on clause misfires, says David Huebner, a JAMS panelist and former U... (continued)
The environment for foreign investment in the United States is shifting. Most recently, the Chinese acquisition of MoneyGram was derailed after the Committee on Foreign Investment in the United States rejected proposals offered to try to mitigate national security concerns. At the same time, U.S. legislation to enhance CFIUS controls seems to be gaining momentum, say attorneys with Arnold & Porter.
In "Justice and Empathy: Toward a Constitutional Ideal," the late Yale Law School professor Robert Burt makes a compelling case for the undeniable role of the courts in protecting the vulnerable and oppressed. But the question of how the judiciary might conform to Burt’s expectations raises practical problems, says U.S. Circuit Judge Allyson Duncan of the Fourth Circuit.
The government of Singapore recently announced that it may implement a deferred prosecution agreement framework, similar to those under the United States’ Foreign Corrupt Practices Act and the United Kingdom’s Bribery Act. Corporations doing business in Asia should review policies and procedures against illegal activity, say Daniel Chia and Kenneth Kong of Morgan Lewis & Bockius LLP.
Current sanctions appear not to deter Russian bad behavior. And the much anticipated oligarchs list appears to have been cribbed from someone else’s homework. Taking the two together, one begins to suspect that the Trump administration, without a further push from Congress or world events, will continue to resist ratcheting up Russia sanctions, say members of Sheppard Mullin Richter & Hampton LLP.
As litigation funding becomes more widespread, greater complexity and variability in funding deals are to be expected. All claimants should consider certain key questions on the economics of single-case funding when considering or comparing funding terms, says Julia Gewolb of Bentham IMF.
The Tax Cuts and Jobs Act signed into law last December has significant ramifications for foreign investors utilizing the blocker corporation structure. Moving forward, tax planning and tax projections for the life of a deal will be required to minimize income taxes, say Brad Wagner and Justin Wood of Wagner Duys & Wood LLLP.
Given the operational and security risks involved, and the substantial digital asset values transacted, the rise of distributed ledger technology and smart contracts will create new opportunities and responsibilities for transactional lawyers, say attorneys with Potter Anderson Corroon LLP.