Two subsidiaries of Italian technology and engineering company Maire SpA risk a $1 billion fine from a court in Russia unless they drop arbitration proceedings in London against a EuroChem Group AG subsidiary owned by a sanctioned Russian oligarch, the EuroChem subsidiary said.
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TOP NEWS

Maire Cos. Face $1B Russian Fine Over EuroChem Arbitration

By Joyce Hanson

Two subsidiaries of Italian technology and engineering company Maire SpA risk a $1 billion fine from a court in Russia unless they drop arbitration proceedings in London against a EuroChem Group AG subsidiary owned by a sanctioned Russian oligarch, the EuroChem subsidiary said.

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DC Judge Seeks US Guidance In $173M Russia Award Suit

By Caroline Simson

A District of Columbia federal judge on Wednesday held off deciding whether to restart long-delayed litigation filed by one of Russia's largest oil companies to enforce a $173 million arbitral award against Ukraine, instead ordering the Trump administration to indicate whether it wants a say in the matter first.

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Willkie Hires 2nd Jones Day Partner In 2 Weeks In DC

By Jack Rodgers

Another member of the Jones Day litigation team who represented Boeing in its contract suit over production issues for fighter jet parts has joined Willkie Farr & Gallagher LLP's Washington, D.C., office as a partner, making him the second in as many weeks to make the move.

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EXPERT ANALYSIS

New Russia Energy Sanctions Add Compliance Complexity

Recent U.S. and U.K. designations of Russian oil companies and related entities, as well as a new sanctions package from EU, mark a significant escalation in restrictions on the Russian energy industry and add a new layer of regulatory complications for companies operating in the global energy sector, say attorneys at Simpson Thacher.

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Series

Knitting Makes Me A Better Lawyer

Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.

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LEGAL INDUSTRY

Wash. Justices Retroactively Lower Bar Exam's Passing Score

By Ben Adlin

As Washington state is preparing to transition to a new bar exam, its Supreme Court has ordered a retroactive adjustment to the current exam's minimum passing score, making an estimated hundred-plus law school graduates who narrowly failed in recent years newly eligible for admission to practice law.

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Dems Demand Release Of 2nd Jack Smith Report

By Courtney Bublé

Democrats on the House Judiciary Committee wrote to Attorney General Pam Bondi on Friday demanding she release the second volume of former special counsel Jack Smith's report on President Donald Trump's retention of classified documents after he left office the first time.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

This past week in London has seen Shell hit with a climate change claim from 100 survivors of a typhoon in the Philippines, London Stock Exchange-listed Oxford Nanopore bring legal action against its co-founder, and the editors of Pink News sue the BBC for defamation following its investigation into alleged sexual misconduct at the news site.

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Higgs Fletcher Forms White Collar, Regs Enforcement Team

By Andrea Keckley

San Diego-based law firm Higgs Fletcher & Mack LLP has launched a white collar crime and regulatory enforcement defense practice group, citing heightened regulatory scrutiny in the financial and healthcare sectors and rising enforcement risks for licensed professionals and institutions.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

President Donald Trump issued an executive order to review the influence that proxy adviser firms have, and law firms saw a 9.8% increase in compensation expenses along with a similar increase in billable rates. ​These are among the stories in corporate legal news you may have missed in the past week.

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Watchdog Sues White House For Records On Law Firm Deals

By Emily Sawicki

A Washington-based nonprofit watchdog has sued the Trump administration, seeking records related to deals BigLaw firms struck to provide an estimated nearly $1 billion worth of pro bono legal services to further the administration's priorities, following the president's executive orders to withhold security clearances and investigate the firms.

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Ex-NJ Municipal Court Admin Says COVID Got Her Fired

By George Woolston

The former municipal court administrator for West Windsor Township, New Jersey, has alleged that the town failed to accommodate her disability when it fired her instead of giving her a short medical leave of absence after she contracted COVID-19.

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US Atty Nominee For Wyo. Was Outside Capitol On Jan. 6

By Courtney Bublé

One of President Donald Trump's U.S. attorney nominees, who was on the U.S. Capitol grounds on Jan. 6, 2021, and recently told senators he still thinks "there were imperfections" in the 2020 election process, has been advanced toward Senate confirmation.

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Del. US Atty Resigns Citing 'Politics,' Successor Appointed

By Rose Krebs

The acting U.S. Attorney for Delaware said Friday that she is resigning, citing "a highly politicized, flawed blue-slip tradition" for nominees and saying she "fully" supports her first assistant, who has been appointed by a federal judge to succeed her.

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Bonus Spotlight

Axinn Veltrop's Bonuses Reach Up To $240K

By Andrea Keckley

Axinn Veltrop & Harkrider LLP is giving out bonuses of up to $240,000 for its associates, according to an in-house memo seen by Law360 Pulse.

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Law360's Legal Lions Of The Week

By Kevin Penton

Cravath Swaine & Moore LLP and Faegre Drinker Biddle & Reath LLP lead this week's edition of Law360 Legal Lions, after the Ninth Circuit handed Epic Games Inc. a partial win by mostly affirming an injunction blocking Apple Inc. from charging developers "prohibitive" commissions on iPhone app purchases made outside its systems.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Addleshaw Goddard

Ashurst LLP

Axinn Veltrop

Blackstone Chambers

Cadwalader Wickersham

Clarke Willmott

Clyde & Co

Cooley LLP

Costello & Silverman

Cravath Swaine

Cripps LLP

DAC Beachcroft

DLA Piper

Debevoise & Plimpton

Essex Court Chambers

Faegre Drinker

Foley & Lardner

Hausfeld LLP

Higgs Fletcher

Hogan Lovells

Holland & Knight

Jones Day

Kennedys Law LLP

Kilburn & Strode LLP

Kirkland & Ellis

Latham & Watkins

McDermott Will & Schulte

Milbank LLP

Murray Osorio

Osborne Clarke

PCB Byrne

Paul Weiss

Perkins Coie

Quinn Emanuel

Reynolds Porter

Schlam Stone

Shegerian & Associates

Simmons & Simmons

Simpson Thacher & Bartlett LLP

Skadden Arps

Slaughter and May

Stephenson Harwood

Stevens & Bolton

TLT LLP

Thompsons Solicitors

Vinson & Elkins

Wachtell Lipton

Walker Morris LLP

Willkie Farr

Wilsons Solicitors

Womble Bond

Wright Close Barger & Guzman

COMPANIES IN TODAY'S NEWS

A.P. Moller-Maersk

American Civil Liberties Union

Apple Inc.

Arete Wealth Advisors

Balfour Beatty PLC

Bellwether Enterprise Real Estate Capital LLC

Brigham Young University

British Broadcasting Corp.

Consumer Technology Association

Corporate Legal Operations Consortium

Delphi Automotive PLC

Digital River Inc.

Drexel University

Epic Games Inc.

EuroChem Group SE

FSI International, Inc.

Financial Services Institute Inc.

GKN PLC

Glass Lewis & Co. LLC

Global Payments Inc.

HSBC Holdings PLC

Harbor Global LLC

ING Groep NV

Institutional Shareholder Services Inc.

JPMorgan Chase & Co.

Liberty Mutual Insurance Group

LinkedIn Corp.

Liverpool Victoria Friendly Society Ltd.

Lloyds Bank PLC

London Stock Exchange Group PLC

Netflix Inc.

OAO Lukoil

Porsche

Public Joint Stock Co. Gazprom

Seattle University

Shell PLC

Skydance Media LLC

Starbucks Corp.

Tatneft

The Goodyear Tire & Rubber Co.

The Procter & Gamble Co.

Twitter Inc.

University of Virginia

Virgin Money Holdings PLC

Walmart Inc.

Warner Bros. Discovery Inc.

Washington State Bar Association

Worldpay LLC

Yes Bank Ltd.

easyJet plc

GOVERNMENT AGENCIES IN TODAY'S NEWS

European Union

Federal Bureau of Investigation

International Chamber of Commerce

Office of Financial Sanctions Implementation

Office of Foreign Assets Control

U.S. Air Force

U.S. Department of Commerce

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Southern District of California

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

United States District Court for the District of Wyoming