Stream-ripping sites and piracy apps are two growing dangers to international enforcement of intellectual property law, United States trade officials said in a report released Wednesday.
President-elect Donald Trump announced Wednesday that he will form a new trade advisory panel within the White House, selecting University of California-Irvine professor Peter Navarro to be the panel’s leader and a top presidential trade adviser.
The European Commission on Wednesday requested input from the public on its efforts to set up an international court that will adjudicate all investor-state disputes as a replacement for the patchwork of investment treaties and arbitration systems currently in place.
The World Trade Organization Wednesday finalized some modest tweaks to the system its uses to review members’ trade laws and policies to accommodate for the multilateral body’s steadily growing ranks.
Engineering conglomerate Odebrecht SA and affiliate Braskem SA agreed on Wednesday to pay a total of $3.6 billion in a record Foreign Corrupt Practices Act settlement with U.S., Brazilian and Swiss authorities over the Petrobras corruption scandal.
Goldman Sachs has agreed to pay a $120 million penalty to settle the U.S. Commodity Futures Trading Commission’s allegations its traders worked to “game” the ISDAfix benchmark rate in an effort to benefit the bank’s derivatives positions, the CFTC announced Wednesday.
The D.C. Circuit on Tuesday rebuffed a U.S. biofuel trade group’s attempt to reverse two Environmental Protection Agency decisions aiming to ensure vegetation isn’t razed to grow alternative fuel crops, adding an agency approval for Argentine biofuel imports wasn’t “arbitrary or capricious.”
The Securities Industry and Financial Markets Association, the American Bankers Association and other swap market interest groups urged the U.S. Commodity Futures Trading Commission on Monday to hit the brakes on proposed definitions for U.S. and foreign entities under cross-border swap rules, underscoring potential harm to the U.S economy and potential regulatory overreach.
The AFL-CIO took a page out of President-elect Donald Trump’s playbook Tuesday by calling for an overhaul of the North American Free Trade Agreement that would remove the deal’s investor-state arbitration and add enforceable rules to crack down on currency manipulation.
A South Korean court has approved a bid by bankrupt container carrier Hanjin Shipping Co. Ltd. to sell its stake in a California terminal to Switzerland's Mediterranean Shipping Co. SA, according to media reports.
The U.S. Department of Commerce announced an amended final anti-dumping duty order on chlorine disinfectants from China on Tuesday, following three court challenges over the last two years.
The International Labor Rights Forum on Monday voiced optimism that Peru’s recently elected President Pedro Pablo Kuczynski can make meaningful improvements to the country’s workers’ rights and bring closure to a simmering trade dispute with implications for the U.S. retail and food industries.
The Brazilian government announced on Monday that it will bring a World Trade Organization dispute against Canada targeting policies that the country has used to support aerospace industry giant Bombardier Inc., once again dragging the thorny issue of aircraft subsidies to the forefront in Geneva.
While the World Trade Organization began its routine examination of U.S. trade policy on Monday, the Obama administration offered some critiques for the WTO itself, calling for members to pursue a more realistic negotiating strategy and push back against Appellate Body overreach.
U.S. companies that rely on imports will “have to adjust” to a House Republican plan that would boost taxes on those goods while lessening the burden on exports, the chairman of the House Ways and Means Committee said Sunday.
The U.S., China and other leading steel-producing nations on Friday launched a new governmental forum devoted specifically to crafting solutions to overcapacity in the global steel market, which has ravaged manufacturers around the world and inflamed trade tensions between powerful partners.
The incoming Trump administration is mulling a possible settlement with Chinese phone maker ZTE Corp. over its purported scheme to evade Iran sanctions, as one of the cabinet's first major moves upon taking power, according to transition team documents.
A French court on Monday found International Monetary Fund Managing Director Christine Lagarde guilty of negligence for allowing a since-reversed arbitration award involving the sale of Adidas during her time as France's finance minister, but spared her from fines and jail time, according to media reports.
In a published decision, the Federal Circuit on Friday rejected a German paper company’s appeal of a 75 percent anti-dumping tariff, saying it was justified by the company’s own attempt to feed the Department of Commerce false information.
The U.S. Department of Energy on Thursday urged the D.C. Circuit to approve its decision to let Dominion Resources Inc. export liquefied natural gas from its Cove Point facility in Maryland, saying the Sierra Club’s legal challenge is based on alleged environmental impacts that are too speculative.
With the election over, the process of selecting individuals to fill the next administration’s key appointed positions is quickly shifting into high gear. For those who are called to serve in such positions, the process entails extensive vetting of professional credentials and a host of personal background check issues, say attorneys with Covington & Burling LLP.
Getting larger isn’t a good enough reason to merge. Focus on whether the merger will make your firm better. Also, it’s possible that a merger can reduce profitability, says John Remsen Jr. of TheRemsenGroup.
Withdrawal from NAFTA might not be the only alternative to keep U.S. companies from moving production offshore — assuming that is one of the main goals in considering such a withdrawal, says Carlos Vejar, a partner with Holland & Knight LLP and former general counsel for international trade in Mexico's Ministry of Economy.
If implemented, the U.S. Department of Defense's proposed rule on withholding unclassified technical data could impact or potentially inhibit the submission of contractor export violation disclosures to the U.S. Departments of State and Commerce, say Andy Irwin and Michael Mutek of Steptoe & Johnson LLP.
While many law firm mergers have been successful, some have been spectacularly unsuccessful — to the point of firm dissolution. Some have exceeded expectations, while others have had little impact on the overall competitiveness of the combined firm. In both failed discussions and less-than-successful mergers, there are mistakes that are made along the way, says Lisa Smith of Fairfax Associates.
The recent balance shift in Foreign Corrupt Practices Act enforcement likely reflects a strategic decision by the U.S. Department of Justice to reallocate internal agency resources toward larger, more complex corporate investigations and the pursuit of culpable executives, leaving the U.S. Securities and Exchange Commission in the driver’s seat for most lower-value corporate enforcement actions, say attorneys with Miller & Chevalier Chtd.
Vice President-elect Mike Pence has been a highly rated favorite of the American Conservative Union, which has condemned patent law reform as “a risk to American innovation.” As transition chief, Pence is likely to have a strong influence on President-elect Donald Trump’s view of the desirability of patent reform, says Jorge Espinosa, managing partner of Espinosa Trueba Martinez PL.
A word of caution to our fellow Republicans — one lesson learned from President Obama’s first two years in office is that pushing through partisan legislation could come back to haunt a party and a presidency, say former Sen. Kay Bailey Hutchison, R-Texas, and Curt Beaulieu of Bracewell LLP.
Among the many ethical issues that can arise, conflicts of interest from current or past representation of each firm’s clients should be at the forefront of merger discussions. Recently, we have seen such conflicts disqualify firms in the middle of high-cost litigation, say Allison Martin Rhodes of Holland & Knight LLP and Robert Hillman of the University of California, Davis.
Taking President-elect Trump at his word, the global trading system in general, and U.S.-China relations in particular, is about to hit a rocky four-year stretch, say Bruce Heiman and Stacy Ettinger of K&L Gates LLP.