International Trade

  • February 6, 2017

    Shipping Exec Shouldn't Get New Price-Fix Trial, 1st Circ. Told

    The U.S. has asked the First Circuit to not allow a new trial for a shipping company executive sentenced to five years for his role in a Puerto Rico price-fixing scheme, saying government prosecutors did not withhold evidence in the case as he claims.

  • February 6, 2017

    US Biofuel Group Says DC Circ. Flubbed EPA Land Use Row

    A U.S. biofuel industry group urged the D.C. Circuit on Friday to reconsider its ruling that upheld an Environmental Protection Agency decision approving Argentine biofuel imports, claiming it's wrongly allowed the agency to disguise a rulemaking as a simple administrative order.

  • February 6, 2017

    Belize Can't Stop BCB's Bid To Enforce $27.4M Award

    A D.C. federal judge on Monday authorized the enforcement of a confirmed $27.4 million arbitral award issued to BCB Holdings Ltd. several weeks after the U.S. Supreme Court declined to review the matter, dealing a blow to the government of Belize as it continues its fight to avoid payment.

  • February 6, 2017

    CIT Holds Firm On Ikea Cabinet Handle Duties

    The U.S. Court of International Trade on Friday declined to reconsider its earlier decision finding that Ikea's imported cabinet handles were properly deemed to fall within the scope of duty orders on aluminum extrusions from China, saying that the company had presented no new arguments.

  • February 6, 2017

    City Will Boost UK In Post-Brexit EU Trade Talks, May Says

    British Prime Minister Theresa May seized on the City of London as a key bargaining chip for future Brexit talks on Monday after Germany acknowledged that its importance as Europe's largest financial center means the European Union would be accommodative in a future trade deal.

  • February 6, 2017

    EU Trade Boss Outlines Closer China Ties Amid Protectionism

    European Union Trade Commissioner Cecilia Malmstrom said Monday that she hopes to use her government’s robust trade relationship with China to stem the rising tide of protectionism that has enveloped the globe in recent years, extending an olive branch to Beijing.

  • February 6, 2017

    EU Keeping An Eye On US-Canada Wine Spat

    The European Union has decided to join a U.S.-Canada World Trade Organization dispute over wine regulations as a third-party observer, citing its position as one of the globe’s foremost wine exporters, according to a WTO document circulated on Monday.

  • February 6, 2017

    Dodd-Frank Tinkering Risks Global Stability, EU Warns Trump

    President Donald Trump's intention to dismantle the Dodd-Frank Act risks unbalancing global regulation and threatens financial stability achieved since the banking crisis, the European Commission told Law360 on Monday.

  • February 3, 2017

    Belize Laws To Protect State Assets From Ashcroft Face Suit

    Belize Bank, the financial firm owned by wealthy British political figure Lord Michael Ashcroft that has waged legal war against the Caribbean nation, said Friday that it would sue Belize over new laws that would criminalize its efforts to enforce U.S. judgments against the country and its central bank, according to reports.

  • February 3, 2017

    US Rolling Ahead With Indian, Sri Lankan Tire Duties

    The U.S. International Trade Commission finalized tariffs on Friday for imports of certain off-road tires from India and Sri Lanka, after determining U.S. businesses are being harmed by their sale at unfairly low prices.

  • February 3, 2017

    Trump Hiring Freeze Stymies Trade Enforcement: Dem Sens.

    President Donald Trump ascended to the White House with an economic nationalist platform that focused on strict enforcement of the nation’s trade laws, a stance that has already been weakened by the administration’s institution of a federal hiring freeze, nine Democratic senators said Thursday.

  • February 3, 2017

    GOP Rep. Says Stars Aligned For Transformative Tax Reform

    The chairman of the House Ways and Means Committee stumped Friday for what he described as the GOP's bold, transformative tax reform blueprint to improve U.S. competitiveness by levelling a playing field stacked against U.S. exporters, arguing this year may be the best shot for a comprehensive overhaul.

  • February 3, 2017

    Commerce Slaps Chinese Stainless Steel With More Duties

    The U.S. Department of Commerce on Thursday hit Chinese steel companies with duties ranging from 64 percent to 191 percent, in the latest round of anti-dumping and countervailing duties.

  • February 3, 2017

    Trump Launches Sanctions After Iran Missile Test

    The Trump administration began flexing its sanctions enforcement muscles on Friday by imposing an asset freeze and commercial ban on 13 individuals and 12 companies in connection with the Iranian government’s reported ballistic missile test earlier this week.

  • February 3, 2017

    SEC Payment Disclosure Rule Moves Closer To Repeal

    The U.S. Senate early Friday morning voted to disapprove a U.S. Securities and Exchange Commission rule requiring oil and gas extraction companies to disclose their payments to foreign governments, leaving it one step away from being fully repealed.

  • February 2, 2017

    Looming Repeal Of SEC Oil & Gas Rule Stokes Bribery Fears

    The likely repeal of a regulation that requires oil and gas extraction companies to disclose their payments to governments will make it easier for those firms to hide potentially corrupt payments from their investors and allow them to continue greasing the palms of foreign officials, anti-corruption activists say.

  • February 2, 2017

    Rival Interest Groups Square Off Over GOP Tax Plan

    Businesses are splitting into camps over a proposed GOP tax overhaul that would dramatically change how corporations are taxed in the U.S., with advocacy groups claiming dozens of members have rallied in support and in opposition to the plan in the past two days.

  • February 2, 2017

    Panasonic Avionics Under Foreign Bribery Investigation

    A unit of Japan-based Panasonic Corp. that makes in-flight entertainment systems for airlines is under investigation by federal authorities for possible violations of a law against bribing foreign officials, the company said Thursday.

  • February 2, 2017

    Mexico Opens 90-Day Comment Period On NAFTA Changes

    The Mexican government said Wednesday it has begun a 90-day comment process required to enact revisions to the North American Free Trade Agreement.

  • February 2, 2017

    Davis Polk Partner Testifies Bio-Rad GC Didn’t Back Claims

    The Davis Polk & Wardwell LLP partner hired to investigate possible corruption by Bio-Rad’s sales team in China testified before a California federal jury Thursday that the company’s general counsel — who alleges he was fired for whistleblowing — had trouble clearly articulating the basis of his allegations, which her team found meritless.

Expert Analysis

  • It’s Time To Change The Law Firm Business Model

    Lucia Chiocchio

    Every year, statistics reveal very little change in the number of women and minorities in the ranks of partnership. So how do law firms change this painfully slow rate of progress? It takes more than adding a diversity policy or a women’s leadership program to the current law firm business model, says Lucia Chiocchio, co-chair of Cuddy & Feder LLP's telecommunications and land use, zoning & development groups.

  • 2017 Food And Beverage Industry Outlook: Part 1

    James F. Neale

    As 2017 marks the commencement of a new presidential administration, the food and beverage industry is one of many sectors facing anticipated regulatory and legislative reforms. Specifically, the industry can expect to see governmental attention on a number of fronts, say attorneys at McGuireWoods LLP.

  • Key Trade Secret Developments Of 2016: Part 2

    Randy E. Kahnke

    Our first article in this two-part series focused on the most significant event in trade secret law in many years — the passage of the federal Defend Trade Secrets Act. Now we leave the DTSA and highlight five other trade-secret trends that promise to shape future developments, say attorneys with Faegre Baker Daniels LLP.

  • The Implications Of Insureds' Illegal Conduct

    Deepa T. Sutherland

    Laws against bribery and corruption, like the U.S. Foreign Corrupt Practices Act and U.K. Bribery Act, are growing increasingly tough, often applying in surprisingly broad circumstances. The laws' principles continue to be tested in court, but for now, insurers writing risks in foreign jurisdictions should adopt a proactive stance in vetting the practices of their local subsidiaries and insureds, say Deepa Sutherland and Hernán Cip... (continued)

  • Amended Rule 37(e): 1 Year Later

    Samantha Southall

    After a full year in effect, the amended Federal Rule of Civil Procedure 37(e) has been tested in a variety of district courts. A sampling of these decisions reveals that courts seem to be adhering closely to the amended rule and ordering adverse inference instructions only where there was intent to deprive another party of access to relevant information, say Carrie Amezcua and Samantha Southall of Buchanan Ingersoll & Rooney PC.

  • In Congress: More Confirmation Hearings

    Richard Hertling

    Democrats will have a difficult time actually defeating any of President-elect Trump's cabinet nominations because of a change they made to the Senate rules to end the filibuster for executive branch nominations. Their goal is not really to defeat the nominees but to draw stark differences early on in the new administration, say Richard Hertling and Kaitlyn McClure of Covington & Burling LLP.

  • Avoiding The Hidden Costs Of Bargain-Priced E-Discovery

    Michael Cousino

    Many organizations are interested in finding electronic discovery partners who offer tantalizingly low prices for electronic discovery services. However, unforeseen gaps, lax security practices, ignorance of global practices and delayed deliverables can all add up to a surprisingly large final cost, says Michael Cousino of Epiq Systems.

  • Why Anti-Corruption Due Diligence Is Important In M&A

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    When acquiring and investing in companies, it is critical to evaluate and mitigate the risk of both previous and future violations of the Foreign Corrupt Practices Act. Mark Mendelsohn and Peter Jaffe of Paul Weiss Rifkind Wharton & Garrison LLP discuss unique challenges for investors and essential considerations for mergers and acquisitions.

  • Employment-Based Immigration And Trump: What To Expect

    Brian J. Coughlin

    As President-elect Donald Trump continues to assemble his cabinet and develop strategies for his first 100 days in office, U.S. employers with temporary foreign workers contemplate an uncertain future. Despite Trump’s prediction that he will in time be regarded as the country’s “greatest jobs president,” many in the international business community remain apprehensive, say Brian Coughlin and David Iannella of Fragomen Del Rey Bernsen & Loewy LLP.

  • A Record FCPA Year For Pharma

    Melissa L. Jampol

    Teva's Foreign Corrupt Practices Act settlement last month — the largest-ever FCPA resolution involving a pharmaceutical company — was the capstone to a year of many significant FCPA settlements and resolutions with drug companies. This year, it is likely that enforcement will change given the new administration, say Melissa Jampol and Elena Quattrone of Epstein Becker & Green PC.