European Union officials on Tuesday announced a political agreement to install the trading bloc’s first-ever system to screen inbound foreign investment for potential security risks, in a move that will likely escalate tensions with China.
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Wednesday, November 21, 2018 Follow Law360

TOP NEWS

EU Moves Closer To New Foreign Investment Screening

European Union officials on Tuesday announced a political agreement to install the trading bloc’s first-ever system to screen inbound foreign investment for potential security risks, in a move that will likely escalate tensions with China. Read full article »

USTR Slams Chinese IP Policies Ahead Of Trump-Xi Meeting

Just days before President Donald Trump is slated to sit down with Chinese President Xi Jinping to discuss ongoing tariffs, U.S. Trade Representative Robert Lighthizer said Beijing has not taken any steps to end policies that purportedly abuse U.S. intellectual property and support the illegal gathering of technology. Read full article »

OFAC Hits Iran-Russia Oil Network With Sanctions

The U.S. Department of the Treasury's Office of Foreign Assets Control on Tuesday announced it will impose sanctions against several organizations and individuals the agency says are participating in an Iranian and Russian scheme to ship oil to Syria and money to various terrorist groups. Read full article »

ENFORCEMENT

Commerce Hits Chinese Steel Racks With Early-Stage Tariffs

The U.S. Department of Commerce on Tuesday put in place an early round of duties on industrial steel racks from China after finding that production of the goods was being propped up by unfair Chinese government subsidies. Read full article »

LITIGATION

MPs Can Ask ECJ If Brexit Is Reversible, Top UK Court Rules

The U.K. cannot prevent six lawmakers from asking the European Court of Justice whether Britain can unilaterally reverse the process of leaving the European Union, the Supreme Court ruled on Tuesday, frustrating a government bid to keep the dispute in the domestic courts. Read full article »

BANKRUPTCY

Suniva Settles Creditor Dispute, Secures More DIP Funding

Bankrupt solar cell maker Suniva Inc. received approvals from a Delaware bankruptcy judge Tuesday on the settlement of a production equipment dispute with prepetition lenders and for $3.4 million in additional debtor-in-possession financing in the company's Chapter 11 case. Read full article »

EXPERT ANALYSIS

5 Business Takeaways From The Midterms

Now that the midterms are over, business leaders have a little insight into the future of taxes, trade and other policy issues affecting the economy. Still, companies should remain agile as, come January, a new and divided Congress will begin to chart its course, says Mary Moore Hamrick of Grant Thornton LLP. Read full article »

Emerging Cybersecurity Threats In The Legal Industry

Predicting how the cybersecurity landscape will develop is critical for any organization wanting to mitigate the risk of the inevitable future attack. Michael Hall of HighQ Solutions Ltd. discusses five threats to look out for in the next 12 months. Read full article »

LEGAL INDUSTRY

BigLaw Firms Take Cravath's Cue On Holiday Bonuses

Shortly after Cravath Swaine & Moore LLP’s announcement that the firm would dole out end-of-year bonuses to associates in line with previous years, a smattering of BigLaw firms pronounced Tuesday that they would follow suit. Read full article »

Akerman's Ex-CEO Back In Leadership Role After Shakeup

Akerman LLP's newest chairman and CEO has ended his term after fewer than 10 months, and his predecessor has stepped in to resume his old post, the Florida-based firm announced on Monday. Read full article »

Baker McKenzie Is Strongest Brand In Mainland Europe

Baker McKenzie is the law firm best positioned to take advantage of rising legal spending in Europe, according to a survey released Tuesday by London research firm Acritas. Read full article »

Greenberg Traurig Can't Avoid Trial In Forgery Suit

A state judge in Manhattan on Tuesday rejected a request by Greenberg Traurig LLP to avoid a trial in a suit by a former Apollo fund manager who says the firm knowingly used a forged document in litigation against him, saying all that is left of the case must be decided by a jury in April. Read full article »

Lewis Brisbois Attys Threatened With Jail For Order Breach

A Dallas judge has threatened to jail a representative of security company GardaWorld and attorneys at Lewis Brisbois for refusing to turn over GPS data for a truck involved in a fatal collision. Read full article »

Legal Industry Lags In AI, Machine Learning Use

A recent survey by analytics firm RELX Group found that the legal industry lags behind other industries in utilizing big data, artificial intelligence and machine learning in their work, with legal industry executives also much more skeptical of the potential use for AI in their field. Read full article »

Law Firm Leaders: Schiff Hardin's Marci Eisenstein

Marci Eisenstein, the first woman managing partner of Chicago-based Schiff Hardin LLP, spoke to Law360 about the changing business of law, the challenges facing the legal industry and how her firm works to distinguish itself in an increasingly competitive market. Read full article »

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LAW FIRMS

Akerman

Allen & Overy

Ashby & Geddes

Baker McKenzie

Balfour & Manson

Clark Hill

Cleary Gottlieb

Clifford Chance

Cravath Swaine

Curtis Mallet-Prevost

DLA Piper

Debevoise & Plimpton

Dykema Gossett PLLC

Freshfields

Fried Frank

Gleiss Lutz

Greenberg Traurig

Hogan Lovells

Holwell Shuster

James Montgomery

Kaplan Hecker

Kilpatrick Townsend

Lewis Brisbois

Linklaters

Milbank Tweed

Morris Nichols

Paul Weiss

Pepper Hamilton

Potter Anderson

Proskauer Rose

Schiff Hardin

Seward & Kissel

Simpson Thacher

Skadden

Vedder Price

White & Case

COMPANIES

Amazon.com Inc.

Garda World Security Corp.

Grant Thornton LLP

HighQ Solutions Ltd.

Information Security Forum Ltd.

Information Systems Security Association

Reed Elsevier

Wells Fargo & Co.

GOVERNMENT AGENCIES

Committee on Foreign Investment in the United States

Consumer Financial Protection Bureau

Department of Commerce

European Commission

European Union

International Trade Administration

International Trade Commission

NAFTA

Office of Foreign Assets Control

U.S. Customs and Border Protection

U.S. Department of the Treasury

United States Bankruptcy Court for the District of Delaware