The U.S. Department of Commerce on Tuesday hit Chinese sodium compounds used in food additives, pharmaceuticals and cosmetic products with a steep preliminary tariff after finding that the merchandise was sold at unfairly low prices in the U.S. market.
The U.S. International Trade Commission predicted in a Monday report that changes to the U.S.-Korea Free Trade Agreement proposed by the Trump administration will most likely help the U.S. dodge a future increase of more than 65,000 units in truck imports from South Korea as well as avoid decreased domestic production of those products.
The European Union has warned the Trump administration against installing tariffs on its cars, trucks and auto parts, blasting the suggestion that these imports are threatening the national security of the United States, according to its comments circulated Monday.
Some of Britain’s biggest law and accountancy firms have handed Prime Minister Theresa May a list of Brexit demands and said that failure to secure a deal that involves mutual recognition of regulations and qualifications and free movement of staff could damage the sector.
In its first complete term back at full strength since the death of Justice Antonin Scalia, the top U.S. court took on several cases that revealed deep divisions among its members. Here are the most stinging dissents.
Amy Coney Barrett has been sitting on the Seventh Circuit bench for only eight months, but she is rumored to be on President Donald Trump’s shortlist for potential picks to replace Justice Anthony Kennedy on the U.S. Supreme Court.
With the Supreme Court largely punting on deciding the issues at the center of some of its biggest cases this term, the justices turned to concurrences to fight for the future of the law.
While the justices tend to join most often with colleagues whose philosophy they share, even politically charged cases can create groupings that defy easy categorization. Here are a few from the latest term.
Distilled-spirits maker Beam Suntory Inc. has agreed to pay nearly $8.2 million to end Foreign Corrupt Practices Act charges levied by the U.S. Securities and Exchange Commission, stemming from allegations of bribery payments made by its Indian subsidiary, the SEC announced Monday.
From a raucous house party to the often-disappointing taste of wedding cake, the justices found plenty to laugh about in the latest term. Here are the top moments of legal levity.
The first half of 2018 has seen the Trump administration make full use of its trade enforcement arsenal as it picks fights with allies and opponents alike, igniting the most dramatic escalation of global trade barriers in many decades. Here, Law360 will walk you through the last six months’ worth of developments stemming from the administration’s bold enforcement missives.
The Australian government incurred approximately $28.6 million in costs defending itself from an ultimately unsuccessful multibillion-dollar arbitration in which Philip Morris challenged the country's plain-packaging legislation for cigarettes, an Australian senator said on Monday.
President Donald Trump is ramping up the process of replacing Justice Anthony Kennedy on the U.S. Supreme Court, interviewing four candidates Monday and revealing the White House staffers who are leading the selection effort.
A Mexican pipe producer and exporter slapped the federal government with a suit in the U.S. Court of International Trade on Monday, accusing the U.S. Department of Commerce of making a decision in an anti-dumping duty review that was “unsupported by substantial evidence.”
Russia is the latest country to challenge the Trump administration's tariffs on steel and aluminum before the World Trade Organization, alleging that the duties violate global trade rules.
A Virginia seafood wholesaler accused French shipping company CMA CGM SA in Virginia federal court Friday of breaching its contract after allegedly spoiling more than $500,000 worth of crabmeat by storing it at a too high temperature.
The first half of 2018 featured a hostile takeover bid halted by a presidential decision, a major antitrust win for media tie-ups, and a shareholder activism campaign that sent a deal into a fatal tailspin. Here, Law360 recaps the most headline-worthy M&A moments of the first six months of the year.
A handful of law firms argued multiple cases during the latest high court term — with varying degrees of success. Here’s how the familiar law firms fared in some of the most high-profile cases of the year.
Once again, Justice Stephen Breyer was the most talkative member of the U.S. Supreme Court during oral arguments, but another member of the court turned heads by speaking out 50 percent more than she did in the prior term.
Back at full strength, the justices worked their way through a docket full of blockbusters. Here’s our data-driven look at the term that was.
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.
Stakeholders within the aviation sector will be heavily affected by the reimposition of U.S. sanctions against Iran. With $49 billiion worth of contracts for new aircraft subject to cancellation, and related impacts expected on financiers, lessors and air carriers, the situation continues to evolve very quickly, say Daniel Martin and James Jordan of HFW.
Law firms are increasingly accepting cryptocurrency as payment for services. While this might seem innovative and forward-thinking, ironically it is much more of a throwback, says John Reed Stark of John Reed Stark Consulting LLC.
I agree with the legal pundits speculating that NewLaw’s present and future disruptors will radically change the legal services industry, but that change may not come quite as rapidly as predicted. Regardless, now is the time for both the incumbents and the challengers to best position themselves for the eventual shakeup, says Craig Levinson, founder of Levity Partners.
Legal pundits continue to make predictions that newer entrants into the industry — NewLaw firms, the Big Four and alternative legal service providers — will progressively seize greater amounts of market share from traditional law firms. But the BigLaw response has been underwhelming at best, and a glimpse at the market forces puts its lack of urgency into perspective, says Craig Levinson, founder of Levity Partners.
The first quarter of 2018 was above average in terms of Foreign Corrupt Practices Act investigations closed by U.S. regulators without enforcement. But the government may return to more assertive enforcement in the future — and companies and individuals may still face liability long after the "completion" of any misconduct, says Collmann Griffin of Miller & Chevalier Chtd.
After six months of wrangling over the fate of a proposal to modernize the Committee on Foreign Investment in the United States, the U.S. Congress appears primed to streamline the CFIUS review process. As it currently stands, the proposed legislation would alter the process in many critical respects, say attorneys with Gibson Dunn & Crutcher LLP.
Enforcement of the Foreign Corrupt Practices Act was relatively slow during the first quarter of 2018, with only three fairly low-value corporate enforcement actions announced between January and March of the year. But the announced second quarter settlements and likely future dispositions suggest that 2018 still may be an active year overall for FCPA enforcement, says Collmann Griffin of Miller & Chevalier Chtd.
The next several weeks may shed a great deal of light on how vulnerable Venezuela and its state-owned oil company PDVSA are to creditor collection efforts. Bondholders should also closely monitor developments in the U.S. bribery suit brought by the PDVSA U.S. Litigation Trust, say Richard Cooper and Boaz Morag of Cleary Gottlieb Steen & Hamilton LLP.
For years, a little-known group of federal agencies collectively known as "Team Telecom" has gone quietly about its oversight functions of risk assessment, mitigation and oversight. But as multiple parts of the government grapple with supply chain security, including concerns about Chinese-made communications equipment, companies should anticipate enhanced scrutiny and greater compliance obligations, say attorneys with Wiley Rein LLP.
There is a large pool of creditor claims against Venezuela and its state-owned oil company PDVSA that are not yet in litigation. Until recently, creditors had little incentive to litigate, but that may be changing for two reasons, say Richard Cooper and Boaz Morag of Cleary Gottlieb Steen & Hamilton LLP.