Poland on Wednesday signed a $4.75 billion deal with the United States to buy the Patriot missile defense system, becoming the latest NATO member to update its air defense amid growing tensions with Russia.
After weeks of aggressive maneuvering, the Trump administration has thrown a bone to its free-trade critics by agreeing to modest revisions of a bilateral deal with South Korea it had threatened to ax, which shows it is heeding the call of the business community to look beyond simple deficits and surpluses when assessing a trade deal, experts say.
Verizon has asked the Federal Circuit to reverse an International Trade Commission decision that banned Comcast from importing set-top cable boxes found to infringe two TiVo patents, saying the commission had overstepped its boundaries as a patent venue.
A Florida federal judge overseeing multidistrict litigation alleging Chiquita funded right-wing Colombian paramilitaries granted the plaintiffs’ request to depose 13 people in Colombia, including former paramilitary leaders and banana company executives.
A large-scale pineapple buyer urged a Florida federal court to jail the executives of its former Costa Rican supplier, accusing the supplier of flaunting a court order to return or destroy its pineapple seeds and stop sales.
The U.S. Department of Commerce has increasingly been working to find common ground on privacy issues with foreign governments in order to clamp down on calls for mandates that companies only store their data locally, an agency official said Tuesday.
The Trump administration confirmed Tuesday that it has wrapped up its talks with South Korea to amend their 2012 bilateral trade deal and offered new insights on the changes made to the deal’s rules covering cars, environmental standards and drug reimbursements.
A group of defendants in a suit brought by Venezuela’s state-owned oil company over an alleged bribery scheme slammed the oil company's injunction bid Monday, telling a Florida federal judge the company lacks standing because the Venezuelan legislature never approved its contract to pursue the claims.
Canada rolled out new measures Tuesday aimed at blocking steel and aluminum from being diverted into the country due to its exemption from recently enacted U.S. tariffs on the metals.
In Law360’s latest glimpse of the World Trade Organization’s Dispute Settlement Body, the new U.S.-China battle over intellectual property escalates, Canada’s challenge of U.S. lumber duties stalls and the impasse over Appellate Body vacancies continues to fester.
Turkish banker Mehmet Hakan Atilla should receive a light sentence for his conviction on charges of scheming to help Iran evade U.S. sanctions, his lawyers told a Manhattan federal judge Monday, calling his role minor and bristling at what they fear will be a prosecution request for a long prison term.
A former earthquake researcher for the Korean government on Monday asked the Ninth Circuit to reverse his conviction for laundering bribery proceeds from a U.S. company, arguing that the judge failed to instruct the jury under U.S. bribery law and instead briefed them on a “watered-down” version of Korean law.
The U.S. International Trade Commission will institute an investigation into certain programmable logic controllers imported by a Milwaukee-based company in response to a complaint filed by New Jersey-based Radwell International alleging violations of the Tariff Act of 1930, the commission announced Monday.
Kinross Gold Corp. has settled claims of Foreign Corrupt Practices Act violations stemming from the company's alleged failure to account for awarded contracts and spending related to two of its African subsidiaries, the U.S. Securities and Exchange Commission announced Monday.
A prominent Republican fundraiser and President Donald Trump supporter sued the Qatari government in California federal court Monday, accusing it of engaging in “sophisticated electronic warfare” against him and his company, leaking stolen or doctored emails to the press to smear his name.
Arista Networks Inc. has urged the Federal Circuit to stay a U.S. International Trade Commission ban on its products over infringement of a Cisco Systems Inc. patent that the Patent Trial and Appeal Board invalidated last month, arguing the PTAB ruling makes cancellation of the patent a formality.
The European Union launched a probe Monday to determine whether the Trump administration's newly imposed tariffs on foreign-made steel and aluminum will end up flooding the bloc with steel imports in need of a new market.
The Trump administration will not move ahead with duties on silicon metal from Australia, Brazil, Norway and Kazakhstan after the U.S. International Trade Commission on Friday found that the imported goods, while unfairly traded, are not a danger to domestic producers.
The Court of International Trade has sustained the remanded determinations of a Department of Commerce anti-dumping duty order on certain steel nails from China after a previous CIT order stated that Commerce needed to reconsider its valuation of steel plate, among other issues that may have inflated the anti-dumping margin.
The U.S. and South Korea have completed their negotiations to modify a 2012 bilateral trade agreement, Seoul’s trade officials announced Sunday, outlining changes to the deal’s rules governing trade in cars and a permanent exception for South Korea from the Trump administration’s new steel tariff.
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.
As litigation funding becomes more widespread, greater complexity and variability in funding deals are to be expected. All claimants should consider certain key questions on the economics of single-case funding when considering or comparing funding terms, says Julia Gewolb of Bentham IMF.
The Tax Cuts and Jobs Act signed into law last December has significant ramifications for foreign investors utilizing the blocker corporation structure. Moving forward, tax planning and tax projections for the life of a deal will be required to minimize income taxes, say Brad Wagner and Justin Wood of Wagner Duys & Wood LLLP.
Given the operational and security risks involved, and the substantial digital asset values transacted, the rise of distributed ledger technology and smart contracts will create new opportunities and responsibilities for transactional lawyers, say attorneys with Potter Anderson Corroon LLP.
Despite significant Foreign Corrupt Practices Act enforcement activity in 2017, the Trump administration’s approach remains elusive and not readily characterized. The manner in which investigations are resolved in the coming year may help illuminate whether the current government will be more lenient toward U.S. companies than the Obama administration, say attorneys with Paul Weiss Rifkind Wharton & Garrison LLP.
While transfer pricing is not a new concept in Hong Kong, the government recently proposed the codification of transfer pricing principles into law — which would impose legally binding obligations on multinational companies. It also signals Hong Kong's intention to increasingly and more aggressively enforce the arm's length principle, say members of Baker McKenzie.
Law firms claim they create client teams to improve service. Clients aren’t fooled, describing these initiatives as “thinly veiled sales campaigns.” Until firms and client teams begin to apply a number of principles consistently, they will continue to fail and further erode clients’ trust, says legal industry coach Mike O’Horo.
The recent report by the U.S. Department of the Treasury on senior foreign political figures and oligarchs in the Russian Federation is not a "sanctions list." Yet the prospect remains that parties identified in the report could become targets of sanctions or other restrictions — and transactions with such parties could also become subject to closer scrutiny, say attorneys with Kirkland & Ellis LLP.
The Delaware Supreme Court's recent decision in a Walmart derivative suit should enhance defendants' ability to obtain dismissal of duplicative derivative actions on preclusion grounds. The ruling might also cause plaintiffs to take steps to appear in multiple forums to avoid preclusion risks, says Jonathan Richman, co-head of the securities litigation group at Proskauer Rose LLP.
While a client’s visual impairment can create challenges for an attorney, it also can open up an opportunity for both attorney and client to learn from each other. By taking steps to better assist clients who are blind or visually impaired, attorneys can become more perceptive and effective advisers overall, say Julia Satti Cosentino and Nicholas Stabile of Nutter McClennen & Fish LLP.
As President Donald Trump emphasized in his recent State of the Union speech, the U.S. economy appears to be strong. Unfortunately, as the Democratic response confirmed, the state of affairs on Capitol Hill is anything but. Jeffrey Turner and David Schnittger of Squire Patton Boggs LLP outline what Congress must do in the next month or so.