An Indian oil company must fork over 30 crores rupees ($4.1 million), a Gujarat court ordered, as the company heads into international arbitration proceedings with Australian company Oilex Ltd. over a joint oil exploration project in the Cambay Basin, Oilex said Monday.
Europe’s top insurance regulator called on Monday for “immediate action” to protect millions of cross-border contracts at risk from Brexit, angering British companies that believe the European Union should help to solve the problem.
Companies that dipped their toes back into the Iranian energy sector in 2016 when the U.S. lifted sanctions after brokering an international nuclear deal are now having second thoughts, if not already scurrying for the exits, with the Trump administration set to reimpose sanctions on Monday. Here, attorneys outline several risks energy companies must grapple with now that the sanctions are back in place.
When the Trump administration reinstates hefty sanctions to complete its exit from the Iran nuclear deal on Monday, it will offer a glimpse of exactly how hard a line it intends to take as crucial U.S. allies still hold out hope for commercial engagement with Tehran.
A recent proposal drafted by the U.S., European Union and other nations would slap penalties on World Trade Organization members who miss deadlines to flag changes to their trade programs, a move that aims to increase transparency and ramp up compliance with notification requirements under a slew of trade agreements.
A Texas federal judge on Friday granted investors preliminary approval of their $146.9 million settlement in a securities suit claiming the now-bankrupt Cobalt International Energy Inc. bribed Angolan officials and made misrepresentations that cost the investors billions.
The U.S. International Trade Commission has found that mattresses imported from China may be harming the U.S. industry, paving the way for the U.S. Department of Commerce to continue its investigation into the Chinese imports.
A group of investors in Walmart Inc.'s Mexican unit, known as Wal-Mex, squared off against the retail giant before the Second Circuit on Thursday, asking the court to reverse the dismissal of their suit alleging bribery-linked securities fraud or at least give them another chance to amend their complaint and make their case stronger.
The newly minted replacement for the North American Free Trade Agreement will deliver “modest” benefits for the nation’s farmers but stands to be largely undermined by the Trump administration’s tariffs and the retaliatory duties they’ve prompted from trade partners, an agricultural policy group said in a study published Wednesday.
The Federal Circuit’s ruling this week reviving Converse’s trademark fight over the Chuck Taylor sneaker was a complex jumble of holdings that defied simple descriptions. To help sort through it all, here’s a detailed breakdown of what the court said.
The U.S. International Trade Commission said Wednesday that Chinese and Indian imports of a resin product used for non-stick pans are not being dumped onto the U.S. market, tossing the U.S. Department of Commerce’s proposed anti-dumping rates of up to 218.88 percent.
The U.S. Court of International Trade on Wednesday sent back the U.S. Department of Commerce's determination that French imports of carbon and alloy steel plates were being sold in the U.S. at less than fair value, saying the department failed to explain why it ignored reported price data from a French importer's home market sales.
Federal prosecutors in New York on Thursday unsealed charges against two former Goldman Sachs bankers and a Malaysian financier who allegedly conspired to launder billions of dollars swiped from 1Malaysia Development Berhad, marking the latest development in a sweeping fraud scandal surrounding the Malaysian sovereign wealth fund.
The U.S. Court of International Trade on Thursday struck down a portion of a 2017 U.S. International Trade Commission decision that stopped tariffs on imports of Chinese tires from taking effect, raising questions about the commission’s inquiry into whether the imports hampered domestic producers.
A consumer struck out Tuesday in his putative class action accusing Solco Healthcare and Huahai Pharmaceuticals of selling contaminated blood pressure medication, when a judge found he hadn’t demonstrated the case belonged in federal court.
The U.S. Supreme Court wrestled with the scope of immunity that international organizations like the World Bank and International Monetary Fund enjoy during oral arguments in a tort case Wednesday, trying to decipher the meaning of the word "is" in a 73-year-old statute.
A World Trade Organization panel ruled Wednesday that the Moroccan government violated international trade rules when it placed anti-dumping duties on imports of hot-rolled steel from Turkey, handing a win to Ankara.
Federal prosecutors have charged an attorney who heads a Haitian development and reconstruction company with violating the Foreign Corrupt Practices Act, alleging he took part in a scheme to bribe Haitian officials to smooth the way for an $84 million port project.
U.S. Customs and Border Protection unlawfully imposed tariffs on an organic salad topper that should have been covered by the North American Free Trade Agreement and allowed to enter the United States duty-free, according to a complaint filed Wednesday in the U.S. Court of International Trade.
A slimmed-down version of the Trans-Pacific Partnership, all but left for dead after President Donald Trump vacated the pact after taking office in January 2017, will take effect at the end of the year after Australia ratified the pact on Wednesday.
Trial lawyers are frequently taught that they should appear invisible during direct examination — that their job is merely to prompt the witness to start speaking. But the most powerful direct examinations are the ones in which the examiner, not the witness, is controlling the pace, say attorneys with Kobre & Kim LLP.
The International Bar Association's Rules on the Taking of Evidence in International Arbitration have been hugely successful in bridging the gap between parties from different legal cultures. Now the IBA rules face their first major challenge from the Prague Rules, which are due to be published in December and supported by the Russian Arbitration Association, say attorneys at Womble Bond Dickinson.
The United States-Mexico-Canada Agreement offers a more limited investor-state dispute settlement system than the North American Free Trade Agreement. But U.S. investors are fortunate that the ISDS provisions were not scrapped altogether, say Carlos Vejar and Laura Yvonne Zielinski of Holland & Knight LLP.
Notwithstanding protectionist trends on both sides of the Pacific, there continues to be high levels of interest from Chinese investors looking to invest in U.S. companies and vice versa. Charles Comey and Jim Ryan of Morrison & Foerster LLP discuss the new regulatory challenges facing these deals.
This special series examines the legal, strategic and economic dimensions of the Trump administration's trade agenda, and assesses what the recent shifts in U.S. trade policy may mean for the country and for the established system of international commerce.
The tech industry is now at the center of policies designed to protect U.S. technology from foreign access and influence — including not only restrictions on foreign investment, but also supply chain exclusions, limits on academic research, curbs on third-country technology transfers and measures against foreign control of key raw materials, says Hdeel Abdelhady of MassPoint Legal and Strategy Advisory PLLC.
The process of applying for litigation financing isn’t difficult, but few do it right the first time. Following five steps in your application process will help make sure litigation funders are convinced of the value of your company's legal claims, says Molly Pease of Curiam Capital LLC.
The inner workings of the Trump economics and trade team remain foggy, but the administration's trade strategy can be discerned from the public statements of the president and his advisers. Unpredictability, mercantilism, bilateralism and a willingness to accept collateral damage are among the most important patterns, says Charles Skuba of Georgetown University’s McDonough School of Business.
In the next installment of this series examining the dimensions of the Trump administration's trade agenda, Erica York of the Tax Foundation discusses how the economic harm caused by tariffs could slow or offset the economic and employment benefits of tax reform.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.