Agricultural equipment maker Agco Corp. has agreed to pay $18.3 million to resolve a U.S. Securities and Exchange Commission suit alleging that Agco subsidiaries shelled out almost $6 million in kickbacks to win supply contracts for farm machinery and spare parts to Iraq under the United Nations' Oil-for-Food program.
Two major sets of challenges for multinational companies right now are the U.S. regulations on intangibles — such as technology, services and people — and the universe of market access restrictions, says F. Amanda DeBusk, chair of Hughes Hubbard & Reed LLP's international trade department.
Wheeler Trading Inc. has mounted a slew of defenses in a Section 337 action filed by Red Bull GmbH and U.S. unit Red Bull North America Inc. before the U.S. International Trade Commission accusing several importers of infringing Red Bull's intellectual property by importing “gray market” versions of the company's signature energy drink.
The U.S. Court of International Trade has remanded a determination of anti-dumping duties for warm water shrimp from Vietnam, ruling that both domestic shrimp producers and importers have grounds to challenge the government's rates.
The U.S. Bureau of Industry and Security has ordered two weapons part makers, including a former subsidiary of General Electric Co., to pay civil penalties for exporting parts in violation of the Export Administration Regulations.
A federal appeals court refused Tuesday to rehear a case claiming that a 2000 anti-dumping law violates the U.S. Constitution's free speech protections by mandating that only U.S. producers affected by underpriced imports that support a duty petition can receive a portion of the federal government's proceeds.
The head of the World Trade Organization reportedly said Tuesday that international banking regulations must be reformed in order to aid the revival of the global economy, including a review of the Basel Accords on banking industry rule-making standards.
CompX International Inc. has asked to withdraw its allegation of inequitable conduct against Humanscale Corp. in a U.S. International Trade Commission investigation into Humanscale's complaint accusing CompX of importing and distributing keyboard support systems that infringe its patent.
The U.S. Court of International Trade has rejected a challenge by South Korea-based Union Steel to anti-dumping duties on corrosion-resistant carbon steel flat products from its home country, though the judge has remanded one issue back to the U.S. Department of Commerce for further review.
In the coming years, we can expect an increased emphasis on transactions with a very sound commercial basis and a purpose that is well understood by both parties. Lawyers will be expected to contribute to that analysis and structuring, and will be expected to do so for a controlled or fixed price, says Thomas R. Schmuhl, co-chair of Duane Morris LLP's international practice group.
The U.S. Court of International Trade has denied a request by U.S. Customs and Border Protection to clarify an order setting aside certain bonding specifications for shrimp importers subject to duties, saying the clarifications — which the agency requested in order to be in a better position to make an appeal — actually are substantive changes that are not warranted.
The U.S. Court of International Trade has agreed to suspend a number of lawsuits against Volkswagen of America Inc. over duty allowances for vehicle defects so that a single suit can serve as a test case.
An international trade tribunal has ruled that Canada’s offer to fork over $36.7 million to the U.S. government did not cure its breach of a deal between the two nations over softwood lumber imports.
ArcelorMittal USA Inc. is seeking to participate in oral arguments in a long-running dispute over hot-rolled steel from its overseas subsidiaries, hoping to shoot down claims by Nucor Corp., U.S. Steel Corp. and AK Steel Corp. that the revocation of the anti-dumping duties would hurt U.S. companies.
Trade regulators in China are reportedly stepping up their investigation into claims the U.S. is dumping chicken imports in China and harming Chinese poultry producers.
A federal judge has ruled that the first-sale doctrine — under which someone who buys a copyrighted work can resell it without violating the copyright — doesn't cover copies made abroad, handing a win to two textbook publishers trying to block the resale of foreign editions of their books in the U.S.
The U.S. International Trade Commission has upheld an administrative law judge's determination that certain imported printing plates infringe patents held by Presstek Inc., following a review of the initial findings at the behest of respondent VIM Technologies Ltd.
A federal appeals court has ruled that a class of laminated floor panels should be hit with a lower import tariff, overturning a lower court decision and overruling U.S. Customs and Border Protection officials' classification of the products.
The U.S. Court of Appeals for the Federal Circuit has affirmed a preliminary injunction blocking liquidation of entries of hand trucks from China, rejecting a U.S. producer's argument that the Chinese company failed to show the injunction was needed to prevent irreparable harm.
One of the biggest challenges is the application of differing models and rules in the area of competition law in various areas of the world and how these intersect with various distribution methods, exclusive territories, exclusive dealing arrangements, gray market goods, IP rights, sales agents and representatives, says Barry J. Bendes, a leader of Edwards Angell Palmer & Dodge LLP's international trade practice.