The European Commission adopted new laws on Wednesday to enable Europe’s banks to continue using London’s clearinghouses for 12 months if Britain crashes out of the bloc, in a major step toward protecting the multitrillion-dollar market in over-the-counter derivatives.
Sprint and T-Mobile have notched approval from U.S. national security officials to proceed with their proposed merger, clearing a hurdle that could have impeded the Federal Communications Commission's recently restarted review of the deal.
While denying a convicted cash smuggler’s appeal, the Second Circuit said Tuesday that New York federal prosecutors’ decision at trial to cut the jury pool’s only member of Arab heritage because she received her news from Qatar’s state-funded broadcaster Al Jazeera was “dangerously close” to discrimination.
A California federal jury has found that Korean ramen companies were not liable for price-fixing, following a rare antitrust class action jury trial that lasted well over a month.
Attorneys will gather in the U.S. Court of International Trade on Wednesday morning for oral arguments in a case that could wipe out the Cold War-era statute used by President Donald Trump to impose sweeping steel and aluminum duties and provide the first legal check on the administration’s robust trade enforcement push.
The Trump administration on Tuesday again resisted calls to add new members to the World Trade Organization's depleted dispute settlement body, blocking the additions as it criticized the group for pushing past its mandate.
Attorneys who reached a preliminary $28.75 million settlement resolving investors’ allegations that hedge fund Och-Ziff Capital Management Group LLC downplayed investigations into an African bribery scheme asked a New York federal court on Monday for $8.63 million in fees.
Anyone who thinks that legal ethics is a sleepy area of the law didn't live through 2018. The year saw major decisions about conflict waivers and defunct firm clawbacks, among other meaty topics, and enough head-shaking news springing from the special counsel probe into the presidential election to make one dizzy. Here, Law360 highlights some of the biggest ethics and professional conduct stories of 2018.
An appeals court in London on Tuesday refused to halt a Russian bank's $20 million lawsuit accusing International Bank of Azerbaijan of failing to repay a loan after the Azeri lender restructured amid financial woes, saying the bank can't permanently stop English creditors from pursuing their claims.
The U.S. International Trade Commission has banned the entry into the U.S. of certain fuel pump assemblies from China that it previously determined infringe the asserted claims of a patent covering the parts, the agency plans to announce Wednesday.
General counsel from various industries were forced into the spotlight and held publicly accountable this year — either because they allegedly behaved inappropriately or were accused of handling internal situations poorly — as the #MeToo movement swept through corporate America and its in-house law departments.
The Trump administration has finalized a regulation restricting when U.S. wine importers can get a refund on duties or taxes collected on imports after exporting similar products, according to a filing set to publish Tuesday.
Spain has urged a D.C. federal court to toss a suit seeking to enforce a €128 million ($145.2 million) arbitral award issued to international investors following a dispute with the country over renewable energy subsidies, arguing the proceeding is barred because there is no valid arbitration agreement.
U.K. Prime Minister Theresa May said Monday she will ask Parliament to vote on her Brexit plan early next month, just days after European negotiators said they won't rework the withdrawal agreement amid widespread opposition from British lawmakers.
Malaysian prosecutors filed criminal charges Monday against units of Goldman Sachs Group Inc. and several individuals for their alleged roles in a multibillion-dollar fraud on Malaysia's sovereign wealth fund, 1Malaysia Development Berhad.
Europe’s competition enforcer on Monday hit clothing designer Guess Inc. with a €39.9 million ($45.3 million) fine for using restrictions that prevented retailers from selling and advertising its products across borders, saying the practice resulted in higher prices in certain member countries.
The Trump administration has fomented turmoil at the World Trade Organization by failing to substantively work to reform the organization and by increasing the specter of protectionism and tariffs worldwide, representatives for the European Union and other U.S. trading partners said Monday in Geneva.
U.S. Customs and Border Protection correctly forced Hartford Fire Insurance Co. to cover unpaid anti-dumping duties on garlic under bonds taken out by a Chinese company, the U.S. Court of International Trade said Friday, rejecting the insurer’s assertion that a federal law retroactively wiped out the bonds.
Three senators from states affected by General Motors’ recent decision to shutter manufacturing plants have asked the company to demonstrate how it has benefited from the federal tax overhaul's global intangible low-taxed income provision and to cancel planned stock buybacks.
The European Commission said on Monday that the EU’s member states will be allowed to provide insurance to cover exports going to Greece until the end of 2019, as coverage safeguarding these products is currently not available through insurers in the private market.
Permitting jurors to submit written questions, or even to pose questions orally to witnesses on the stand, advances several important goals and promotes both fairness and efficiency, says Matthew Wright of McCarter & English LLP.
The California Supreme Court's recent decision in Sheppard Mullin v. J-M Manufacturing has cast doubt on arbitration clauses in attorney engagement agreements, jeopardizing the efficient resolution of malpractice claims and fee disputes, say Sharon Ben-Shahar Mayer and Mark Drooks of Bird Marella Boxer Wolpert Nessim Drooks Lincenberg & Rhow PC.
Attorneys at Albert Einstein College of Medicine, Perkins Coie LLP and the Healthcare Association of New York State reflect on lessons they learned the hard way when transitioning to in-house counsel positions.
The virtual law team was created as a necessary response to mass tort litigation — however, with advances in technology and ever-increasing specialization of the legal practice, the model should be considered in multiplaintiff litigation of any size, say attorneys at Faegre Baker Daniels LLP.
Now that the midterms are over, business leaders have a little insight into the future of taxes, trade and other policy issues affecting the economy. Still, companies should remain agile as, come January, a new and divided Congress will begin to chart its course, says Mary Moore Hamrick of Grant Thornton LLP.
Predicting how the cybersecurity landscape will develop is critical for any organization wanting to mitigate the risk of the inevitable future attack. Michael Hall of HighQ Solutions Ltd. discusses five threats to look out for in the next 12 months.
Joshua Peck, incoming marketing director of Hill Wallack LLP, traces the evolution of the chief marketing officer position at law firms and shares insights from three legal marketing pioneers.
Now that the results of the 2018 election are (mostly) in, Evan Migdail and Melissa Gierach at DLA Piper LLP consider what a Democratic House, Republican Senate and Trump administration may be able to accomplish in the way of tax policy during the lame-duck session and the upcoming 116th Congress.
The government of the United Kingdom recently issued its proposal for nuclear trade and collaboration with the European Union after Brexit. But future arrangements for the supply of nuclear fuel may not be finalized until after the U.K. leaves the EU, says Ian Truman of Burges Salmon LLP.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Katie DeBord, chief innovation officer at Bryan Cave Leighton Paisner LLP.