A New York federal court has approved investors' roughly $15 million settlement with Brazil's state-controlled power company Eletrobras, resolving allegations that executives misled shareholders about the company's financials to conceal their participation in a massive bribery scandal.
The U.S. International Trade Commission will weigh in on an intellectual property dispute between Apple Inc. and Qualcomm Inc. over sales of iPhones found to infringe a Qualcomm patent, agreeing on Wednesday to reconsider whether the telecom giant's asserted patent is obvious and whether an import ban against the iPhones would be appropriate.
A China-based oil services company has agreed to pay $2.77 million to settle allegations that it violated U.S. regulations that limit trade of U.S.-originated goods with Iran, the Treasury Department said Wednesday.
After an eight-month wrestling match about provisions ranging from food stamp work requirements to limits on farm subsidies, the House of Representatives passed an $867 billion farm bill Wednesday, sending a sweeping set of reforms to food and agriculture policy to President Donald Trump.
The bilateral trade agreement between Japan and the European Union will take effect in February following its ratification by lawmakers Wednesday, effectively creating the largest free trade zone ever implemented by a regional trade accord.
The Federal Circuit on Wednesday sustained a duty set by the U.S. Department of Commerce on solar cells from China, rejecting arguments from solar panel manufacturer SolarWorld Americas Inc. that the department had low-balled the Chinese exporters’ production costs when calculating the tariffs.
The U.S. government said Wednesday that it intends to sign a sweeping agreement with the U.K. that will help American firms keep pushing into the world’s fourth-largest insurance market after Britain exits the European Union.
Morrison & Foerster LLP has lured another attorney away from the U.S. Treasury Department’s Office of Foreign Assets Control, bolstering its national security practice in Washington, D.C., with his experience helping formulate sanctions policy, according to a Tuesday announcement.
Prime Minister Theresa May survived a coup attempt by rebel lawmakers within her Conservative Party late Wednesday, winning a no-confidence vote by a sufficiently large margin to allow her to continue pushing to get a draft Brexit withdrawal agreement through a hostile Parliament.
The Trump administration rejected a proposal to reform the World Trade Organization’s dispute settlement system Wednesday, prolonging a two-year power play that has plunged Geneva into crisis mode.
Prime Minister Theresa May will face a vote of no-confidence from her own Conservative Party MPs on Wednesday evening as opposition to her plan to exit the European Union escalates, raising the prospect of a no-deal departure or no Brexit at all.
A Canadian judge granted bail on Tuesday to a top Huawei Technologies Co. executive facing extradition to the United States, the telecommunications giant announced.
A California-based dental products maker has added to its expanding intellectual property battle with a Danish rival over patents covering intraoral scanners and related equipment, filing two complaints Tuesday in Delaware federal court and one complaint Monday at the U.S. International Trade Commission.
The U.S. Department of Commerce has refused to spare eight Chinese furniture companies from a triple-digit tariff imposed on imports of wooden bedroom furniture from China, preliminarily lumping those exporters into the countrywide duty rate following its annual review of the decade-old tariff.
Cisco Systems Inc. is discussing a deal to buy Luxtera, Plaid was valued at $2.65 billion in a Mary Meeker-led funding round, and SoftBank wants to shed its stake in California-based Nvidia Corp.
The U.S. International Trade Commission has agreed to investigate whether the importation into the U.S. and the sales of certain electronic cigarette delivery systems by 21 companies violate federal tariff regulations and whether the devices should be barred from entry.
The U.S. Department of Commerce has given companies and trade groups an additional three weeks to offer comments that will help the Trump administration write new rules to potentially restrict exports of emerging technology to China and other strategically sensitive countries, the agency said Tuesday.
The World Trade Organization reported Tuesday that its members imposed 137 new trade restrictions over the past year, a 26 percent jump from the year prior, prompting a call from Director-General Roberto Azevêdo for major economies to cool their rising trade tensions.
A former procurement officer of Venezuela’s state-owned energy company pled guilty on Monday in Texas federal court to obstructing an investigation into a scheme involving U.S.-based companies that allegedly paid bribes to Venezuelan government officials to secure business.
The U.S. Department of the Treasury on Monday slapped sanctions on several North Korean officials who the department says have carried out human rights abuses and spearheaded the regime’s crackdown on freedom of expression, following a U.S. Department of State report detailing human rights violations within the regime.
Companies in mining and other industries are seeking to demonstrate the sustainability and ethical integrity of their products and supply chains. Because of its ability to improve transparency and accountability through incorruptible data sharing, blockchain may be ideal for this purpose, say attorneys with White & Case LLP.
For insight into which candidates will likely win or lose any of the 470 congressional races Tuesday, focus on the changes in voter enthusiasm and where the parties and their backers are putting their last dollars, says Mary Moore Hamrick at Grant Thornton LLP.
At the 10th International Seoul Competition Forum, panelists discussed how private litigation can supplement public enforcement of antitrust laws, and explored how Korea, Hong Kong, China and Europe are all moving in the direction of U.S.-style private enforcement, but to varying degrees, says James Robertson Martin of Zelle LLP.
On Nov. 5, the United States will reimpose economic sanctions that target Iran but will also impact many European companies. The interaction between U.S. and EU sanctions regimes will create novel legal issues and compliance challenges for European companies with ties to the U.S., say attorneys at Kirkland & Ellis LLP.
Experienced practitioners are well-aware of the dangers of having a one-size-fits-all Foreign Corrupt Practices Act compliance policy that is oblivious to the realities of the company’s risk profile and business activities. Attorneys with Cadwalader Wickersham & Taft LLP offer tips on when to be flexible and when to stand your ground.
The European Commission's recently issued draft guidelines for implementation of internal export controls and sanctions compliance programs by European companies are a step in the right direction, but industry input could help make this document more practical and complete, say Guy Soussan and Peter Jeydel of Steptoe & Johnson LLP.
New guidelines from the International Forum on Business Ethical Conduct establish general principles for aerospace and defense companies on acceptable practices related to providing business courtesies and hospitalities. In our experience, companies fall into three broad groups on this issue, say Howard Weissman and Lina Braude of Baker McKenzie.
Last month, the government of the United Kingdom published three notices relevant to aviation in the case of a no-deal Brexit. Without a deal, permissions would be needed from both the U.K. and European Union states for continued air operations. The U.K. envisages granting such permissions; it is to be hoped that EU states will reciprocate, says Mark Bisset of Clyde & Co. LLP.
By 2030, it is possible that 75 percent of lawyers practicing in the U.S. will be millennials. A broadened focus on retention and advancement of all young lawyers is therefore a logical step forward but it fails to address another major retention issue that law firms should explore, says Susan Smith Blakely of LegalPerspectives LLC.
Former U.S. Attorney for the District of Idaho Wendy Olson discusses her decades of experience prosecuting white collar crimes and civil rights violations, her work and challenges as U.S. attorney, and her move to private practice.