International Trade

  • December 16, 2016

    EU Dumping Duties On Indonesian Chem Additives OK: WTO

    A World Trade Organization panel on Friday sided with the European Union in its dispute with Indonesia over anti-dumping measures imposed on imports of chemical additives, saying the EU acted correctly when imposing the duties.

  • December 16, 2016

    CIT Affirms Steel Tariffs On 3 Korean Companies

    The Court of International Trade on Thursday rejected complaints by three Korean steel producers against dumping duties assigned to them by the U.S. Department of Commerce, saying it wasn’t the court's place to question the department’s methods.

  • December 16, 2016

    US Appeals WTO Ruling Against Boeing State Tax Break

    The United States will appeal a World Trade Organization panel’s finding that a state tax cut to Boeing violated global subsidy rules, according to a notice filed Friday.

  • December 16, 2016

    $125M Formula Maker Go-Private Deal Sparks Investor Suit

    Minority investors in infant formula maker Synutra International Inc. asked Delaware’s Chancery Court late Thursday to block the $125 million go-private sale of the Chinese company to its largest investor, citing deep conflicts and inadequate deal reviews and disclosures.

  • December 16, 2016

    WTO Dispute Roundup: Russia Cases Go Ahead, China Stalls

    In Law360’s latest glimpse at the World Trade Organization’s Dispute Settlement Body, a pair of cases involving Russia head to the panel stage, while China buys time by temporarily stalling a U.S. case targeting its subsidies for wheat, corn and rice producers.

  • December 15, 2016

    Alaska Man Moved $1B To Iran, Flouting Sanctions, Feds Say

    U.S. authorities charged an Anchorage man on Thursday with using fake tile sales and the cooperation of Korean “bankers and authorities” to illegally transfer $1 billion in Iranian funds via South Korean banks.

  • December 15, 2016

    Fed. Circ. Affirms Atty Fees For White Sauce Importer

    The Federal Circuit affirmed a U.S. Court of International Trade decision to award attorney fees to an importer of white sauce on Thursday, ending its fight with U.S. Customs and Border Protection over $28 million in tariffs applied to its imports because of the agency’s reclassification of the product.

  • December 15, 2016

    Solar Panel Importer Can't Dodge Dumping Duty: Fed. Circ.

    In a precedential decision Thursday, the Federal Circuit found a solar panel importer can’t dodge a duty on solar cells from Taiwan because they were assembled into panels in Mexico.

  • December 15, 2016

    EU Cos. Still Facing Significant Nontariff Barriers: Study

    A joint study published on Thursday by the International Trade Centre and the European Commission found that more than one-third of companies, mostly of the small and medium-sized variety, based in the European Union face nontariff restraints and red tape that hinder their ability to export goods.

  • December 15, 2016

    Colombia Declares Compliance In WTO Tariff Fight

    The Colombian government has altered its tariffs on imports of certain textiles, apparel and footwear in an attempt to comply with World Trade Organization rulings that deemed the tariffs to be in violation of global rules, according to a WTO document circulated Thursday.

  • December 15, 2016

    ICE, Customs Launch Effort Against Counterfeit Electronics

    U.S. Immigration and Customs Enforcement and Customs and Border Protection announced a new joint effort Wednesday to stop counterfeit and possibly dangerous consumer electronics at the border.

  • December 15, 2016

    US Expands Fight Against Chinese Ag Policies At WTO

    For the second time in three months, the Obama administration on Thursday launched a World Trade Organization case against Chinese agricultural policy, this time targeting tariff-rate quotas that Beijing has used to lock out U.S. exports of rice, corn and wheat.

  • December 15, 2016

    International Trade MVP: Skadden's Ivan Schlager

    Skadden Arps Slate Meagher & Flom LLP partner Ivan Schlager landed himself on Law360's list of International Trade MVPs with his work on an array of billion-dollar complex cross-border deals for corporate behemoths such as Apex Technology Co. and Nokia Corp.

  • December 14, 2016

    Wal-Mart Investors Call Class Toss Fatal To Records Demands

    A stockholder attorney told the Delaware Supreme Court on Wednesday that failure to resurrect a class suit targeting a Wal-Mart Mexico bribery scandal could be the “death knell” for the use of time-consuming books and records actions to beef up suits targeting corporate directors' failings.

  • December 14, 2016

    Manufacturers, Retailers Blast Border Adjusting In Tax Plan

    More than 50 retail and manufacturing associations urged Congress to abandon a crucial piece of the GOP tax overhaul plan in a letter Tuesday, saying the proposal to increase taxes on all imports could hurt domestic industry.

  • December 14, 2016

    Bankrupt Hanjin Lands Ch. 15 Recognition In NJ

    A New Jersey judge formally recognized Hanjin Shipping Co. Ltd.’s South Korean bankruptcy proceeding Tuesday and affirmed an earlier order barring U.S. creditors from seizing any of the container shipping giant’s assets or terminating contracts without the court’s blessing.

  • December 14, 2016

    EU Continues Backing UN's Arbitration Transparency Push

    The European Commission announced Wednesday that it would continue to support a United Nations initiative aimed at improving transparency in investor-state arbitration proceedings, which has been a key priority for policymakers in Brussels over the past two years.

  • December 14, 2016

    Kirkland Ellis’ Conflict Issues Deepen In Turkish Trader Case

    The conflict quagmire surrounding Kirkland & Ellis LLP and its work for a Turkish gold trader charged with bank fraud and trade sanction violations deepened Wednesday as a federal judge questioned a “slice and dice” plan to protect the defendant and Kirkland & Ellis banking clients.

  • December 14, 2016

    New UK Financial Regulator Heralds Tougher Enforcement Era

    When Britain introduced a financial sanctions regulator earlier this year, it signaled a tougher approach to fighting transactional violations and added another enforcer to the agencies policing U.K. banks. Law360 spoke to attorneys for the lowdown on the Office of Financial Sanctions Implementation, and here, they provide a handy primer on the latest financial watchdog on the block.

  • December 14, 2016

    Trump Would Be Wise To Seek UK Trade Deal, Adviser Says

    President-elect Donald Trump may move quickly to strike a trade deal with the United Kingdom once its divorce from the European Union is finalized, a campaign adviser said Tuesday, suggesting that the move could soften the blow of Trump’s more controversial and protectionist trade proposals.

Expert Analysis

  • Man Vs. Machine: Or, Lawyers Vs. Legal Technology

    Abdi Shayesteh

    Some have claimed that emerging legal technologies and increasingly cost-conscious clients will mean the extinction of the legal profession as we know it. However, innovations in legal technology may actually benefit attorneys, allowing them to spend their time doing more meaningful work, say Abdi Shayesteh and Elnaz Zarrini of AltaClaro.

  • Forecasting International Risk Climate Under President Trump

    Michael Casey

    During his campaign, Donald Trump signaled dramatic changes to U.S. foreign policy that, if implemented, could produce significant financial, operational and compliance-related consequences for U.S. and international companies, say members of Ropes & Gray LLP.

  • OPINION: The Verdict — A Rejection Of Politics As Usual

    Reuben Guttman

    The verdict on Nov. 8, was not unanimous, especially when Secretary Hillary Clinton will end up with a popular vote advantage. Yet, it is a message of extreme magnitude from voters willing to overlook the serious flaws of a candidate because they could not reconcile themselves to ratifying the perpetuation of politics as usual, says Reuben Guttman, a partner of Guttman Buschner & Brooks PLLC and adjunct professor at Emory Law School.

  • Merging Law Firms: Why Hogan Lovells Has Worked

    J. Warren Gorrell Jr.

    As shown by the impending merger between Arnold & Porter LLP and Kaye Scholer LLP, consolidation in the legal industry remains a popular strategy among firms looking to boost revenue and acquire new clients. J. Warren Gorrell Jr., a key architect of the 2010 merger that created Hogan Lovells, reflects on his own experience and why mergers of equals are particularly difficult.

  • France’s Game-Changing New Anti-Corruption Law

    Saskia Zandieh

    A new French law that came into force on Thursday stands to significantly improve France's anti-corruption landscape. The changes will position France to play a more significant role in the global fight against corruption, say Saskia Zandieh and Leah Moushey of Miller & Chevalier Chtd.

  • Foreign Affairs Outlook For Trump Presidency, 115th Congress

    Andrew Zausner.jpg

    In assessing how domestic and foreign affairs issues may play out during President-elect Trump’s term, it’s important to keep in mind that not everything a presidential candidate says during an election campaign is predictive of exactly how he will act as president. This is particularly the case for Mr. Trump, who, more than most presidential candidates, relied on general foreign policy prescriptions without providing many details,... (continued)

  • Samsung Faces Challenge Of Recalls Across Jurisdictions

    Sheila Millar

    Samsung's recall of Galaxy Note7 phones due to alleged battery fire hazards started in North America. But within weeks, media and online outcry in China led the company to expand the recall to that country. This echoes the experience of other major international brands involved in high-profile recalls, and illustrates a long-standing challenge and some emerging trends, say attorneys from Keller and Heckman LLP.

  • FCPA Enforcement On Near-Record Pace For 2016: Part 1

    John E. Davis

    The U.S. Securities and Exchange Commission and the U.S. Department of Justice have resolved 39 enforcement actions under the Foreign Corrupt Practices Act through October of this year, already exceeding the annual totals for every year since 2010, say attorneys with Miller & Chevalier Chtd.

  • Mexico's Anti-Corruption Reform Could Be Game Changer

    Sean Hecker

    Although it remains uncertain to what extent the government will enforce Mexico's new anti-corruption laws, one thing is certain — the laws establish the nation's most sweeping anti-corruption system to date. Companies doing business in Mexico now have a strong motive to beef up their corporate compliance protocols, say attorneys with Debevoise & Plimpton LLP.

  • Candid Advice From The Bench: Judges Are People Too

    Alison Wong

    While it’s true that judges are more capable than juries of rendering decisions based on a subtler understanding of the law, trial lawyers shouldn’t assume that judges are immune to the unfolding drama and underlying context of the case. In fact, the most important lesson we’ve learned from interviewing retired judges is that they process information the same way jurors do, says Alison Wong of Salmons Consulting.