International Trade

  • September 12, 2024

    EU Rejects Minimum Price Offers In Chinese EV Dispute

    The European Commission has rejected offers from exporters of electric vehicles made in China to stick to minimum prices that would aim to remove an unfair competitive advantage that the commission believes Chinese state subsidies give the exporters, a commission spokesman said Thursday.

  • September 12, 2024

    Energy Biz Bowleven Edges Closer To Quitting LSE Listing

    Bowleven said Thursday that it has now closed the window for its shareholders to sell their stock before the energy business leaves the junior market of the London Stock Exchange after it received an offer from venture capitalists Crown Ocean Capital to go private.

  • September 12, 2024

    Danish Pharma Co. Is Entitled To VAT Reduction

    A Danish pharmaceutical company's mandatory payments for value added tax should lower the company's taxable base, the European Court of Justice ruled on Thursday.

  • September 11, 2024

    Gov't Spent $236B In Fraud And Improper Payments In 2023

    Federal agencies made $236 billion in improper payments in fiscal 2023, a drop of about $11 billion from the prior year, according to a report released Tuesday by the U.S. Government Accountability Office.

  • September 11, 2024

    Israeli Admits To Smuggling Plane Parts To Russia

    An Israeli man has pled guilty to a conspiracy-related charge connected to a smuggling scheme involving Russia, admitting that he used his freight forwarding business to send aircraft parts to sanctioned companies during the war in Ukraine.

  • September 11, 2024

    Politics Impacting US Steel-Nippon Review, Biz Groups Warn

    Political pressure may be "unduly influencing" the national security review of Nippon Steel's $14.9 billion deal for U.S. Steel and could hamper future foreign investment into the U.S., business groups told Treasury Secretary Janet Yellen on Wednesday.

  • September 11, 2024

    2nd Circ. Reverses S. Korean Consulate Chauffeur's Wage Win

    The Second Circuit on Wednesday overturned a decision that allowed a chauffeur working for South Korea's foreign consulate in Manhattan to pursue his wage-and-hour claims against the organization, ruling that the lower court was too quick to decide that the consulate was not immune to the claims under the foreign sovereignty law.

  • September 11, 2024

    Full Fed. Circ. Snubs Google's Fight Over ITC's Powers

    The full Federal Circuit has shot down Google LLC's bid for review of a ruling that it infringed Sonos audio patents in light of a U.S. Supreme Court case that abolished deference to government agencies.

  • September 11, 2024

    Proskauer Lands Fried Frank's Arbitration Head In London

    Proskauer Rose LLP has recruited the former head of arbitration at Fried Frank Harris Shriver & Jacobson LLP in London as the firm looks to boost its litigation practice in the U.K.

  • September 11, 2024

    EU Struggles With Setup Of G7 Use Of Frozen Russian Assets

    European Union countries are struggling to agree on a legal solution to reassure the U.S. that windfall profits from frozen and immobilized Russian state assets will be used to repay a $50 billion loan to Ukraine over the entire length of the loan.

  • September 11, 2024

    EU Court Upholds Sanctions On Russian Clearinghouse

    Russia's securities clearinghouse has lost its appeal challenging sanctions imposed by the European Union in response to the invasion of Ukraine, after a Luxembourg court ruled Wednesday that the decisions were backed up by evidence.

  • September 11, 2024

    Mars Can't Claim For Contaminated Ice Cream, Supplier Says

    A food supplier has denied owing confectionery giant Mars Wrigley £1.1 million ($1.4 million) after ice cream became contaminated with an allegedly hazardous pesticide, claiming it didn't need to check for the substance.

  • September 11, 2024

    UK Sanctions 10 Ships In Russia's 'Shadow Fleet'

    The British government said Wednesday that it has sanctioned a group of 10 ships allegedly using illegal means to avoid Russian oil restrictions, preventing them from entering the country and refusing them permission to register with authorities.

  • September 11, 2024

    Freelancer Loses Unfair Dismissal Case Against Al Jazeera

    An employment tribunal has ruled that Al Jazeera did not push a Zimbabwean journalist to quit when he had finished working on an investigative series about gold-smuggling because he was not an employee at the time.

  • September 11, 2024

    Oligarchs Fridman, Aven Fail To Ax Sanctions Reporting Rules

    European Union measures that require oligarchs including Mikhail Fridman and Petr Aven to disclose their assets and cooperate in investigations are lawful and "necessary" for maintaining the bloc's sanctions regime, a European court ruled Wednesday, saying the rules were "unprecedented."

  • September 11, 2024

    Oil Biz Sues Ex-Chief Exec For Allegedly Embezzling €144M

    A Singapore-based petroleum company has accused its former chief executive and "de facto" chief financial officer of embezzling €143.8 million ($158.8 million) to pay for the acquisition of North Sea oil assets, according to a legal claim filed in London.

  • September 10, 2024

    John Deere Will Pay SEC $10M To End Thai Bribes Probe

    Deere & Co. has agreed to pay nearly $10 million to end an investigation by the U.S. Securities and Exchange Commission into bribes paid by executives at a Thai subsidiary that netted the heavy equipment maker millions in contracts with the Thai government and at least one private company.

  • September 10, 2024

    V&E Launches New Dublin Office In Aviation Finance Push

    Vinson & Elkins LLP has launched a new office in Ireland to provide New York and English law advice to clients on aviation leasing and financing matters.

  • September 10, 2024

    Britain's Renold Buys Canadian Conveyor Biz For $31.4M

    British power transmission products maker Renold PLC said Tuesday that it has acquired the North American conveyor chain maker MAC Chain Co. Ltd. for $31.4 million, giving it a foothold in the Western U.S. and Canadian forestry markets.

  • September 10, 2024

    EU Nations OK To Seize Profits From Brokering Russia Trade

    European Union countries are permitted to confiscate the proceeds of a brokering transaction that are covered by the EU's sanctions against Russia even if the goods never enter the bloc, the EU's highest court said Tuesday.

  • September 10, 2024

    Phone Maker Vivo Joins Via LA's Audio Patent Licensing Pool

    Via Licensing Alliance said Tuesday it has inked a deal with Chinese smartphone maker Vivo to join its patent pool for standardized audio coding technology.

  • September 10, 2024

    Herbert Smith Freehills Hires Private Capital Partner In Asia

    Herbert Smith Freehills has hired private capital partner Anthony Vasey to help advise clients at its Hong Kong office on all aspects of the investment life cycle, including fundraising and asset management.

  • September 10, 2024

    Apple Illegally Obtained €13B In State Aid, Top EU Court Rules

    The European Union's highest court ruled on Tuesday that Ireland illegally granted Apple state aid in past tax rulings, requiring the U.S. technology giant to repay €13 billion ($14.3 billion) in back taxes as well as interest.

  • September 09, 2024

    House OKs Bill To Bar Contracts With Chinese Biotech Cos.

    Driven by concerns about U.S. genetic data being shared with the Chinese government, House lawmakers passed a bill on Monday to bar federal agencies from buying certain biotechnology linked to the Chinese government or from contracting with firms that use those products.

  • September 09, 2024

    Investor-State Awards Have Grown Tenfold, New Report Says

    The average amount of awards issued to investors that prevail in investor-state claims has increased tenfold, to around $256 million, since 2003, according to a new United Nations report.

Expert Analysis

  • Lead Like 'Ted Lasso' By Embracing Cognitive Diversity

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    The Apple TV+ series “Ted Lasso” aptly illustrates how embracing cognitive diversity can be a winning strategy for teams, providing a useful lesson for law firms, which can benefit significantly from fresh, diverse perspectives and collaborative problem-solving, says Paul Manuele at PR Manuele Consulting.

  • 3 Areas Of Enforcement Risk Facing The EV Industry

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    Companies in the EV manufacturing ecosystem are experiencing a boom in business, but with this boom comes increased regulatory and enforcement risks, from the corruption issues that have historically pervaded the extractive sector to newer risks posed by artificial intelligence, say attorneys at MoFo.

  • Nat'l Security Considerations For Telecom Products Counsel

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    An increase in federal national security measures in the telecommunications space, particularly from the Federal Communications Commission, means that products counsel need to broaden their considerations as they advise on new products and services, says Laura Stefani at Venable.

  • Preparing For Increased Scrutiny Of Tech Supply Chains

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    The U.S. Department of Commerce's recent action prohibiting sales of a Russia-based technology company's products in the U.S. is the first determination under the information technology supply chain rule, and signals plans to increase enforcement of protections that target companies in designated foreign adversary jurisdictions, say attorneys at Debevoise.

  • EU Investor-State Dispute Transparency Rules: Key Points

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    The European Union's recent vote to embrace greater transparency for investor-state arbitration will make managing newly public information more complex for all parties in a dispute — so it is important for stakeholders to understand the risks and opportunities involved, say Philip Hall, Tara Flores and Charles McKeon at Thorndon Partners.

  • Takeaways From EU's Initial Findings On Apple's App Store

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    A deep dive into the European Commission's recent preliminary findings that Apple's App Store rules are in breach of the Digital Markets Act reveal that enforcement of the EU's Big Tech law might go beyond the literal text of the regulation and more toward the spirit of compliance, say William Dolan and Pratik Agarwal at Rule Garza.

  • 25 Years Of OECD's Anti-Bribery Convention

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    Marking its 25th anniversary this year, the Organization for Economic Cooperation and Development's anti-bribery convention has advanced legislative reforms and reshaped corporate conduct in dozens of countries amid the persistent challenges of uneven enforcement and political pressure, say attorneys at Debevoise.

  • 2 Rulings Serve As Conversion Fee Warnings For Banks

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    A comparison of the different outcomes in Wright v. Capital One in a Virginia federal court, and in Guerrero v. Bank of America in a North Carolina federal court, highlights how banks must be careful in describing how currency exchange fees and charges are determined in their customer agreements, say attorneys at Weiner Brodsky.

  • Decoding Arbitral Disputes: Intra-EU Enforcement Trends

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    Hungary recently declared a distinct stance on the European Court of Justice's 2021 ruling in Moldavia v. Komstroy on intra-EU arbitration under the Energy Charter Treaty, highlighting a critical divergence in the bloc on enforcing investment awards and the complexities of balancing regional uniformity with international obligations, says Josep Galvez at 4-5 Gray's Inn.

  • Opinion

    Now More Than Ever, Lawyers Must Exhibit Professionalism

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    As society becomes increasingly fractured and workplace incivility is on the rise, attorneys must champion professionalism and lead by example, demonstrating how lawyers can respectfully disagree without being disagreeable, says Edward Casmere at Norton Rose.

  • 'Outsourcing' Ruling, 5 Years On: A Warning, Not A Watershed

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    A New York federal court’s 2019 ruling in U.S. v. Connolly, holding that the government improperly outsourced an investigation to Deutsche Bank, has not undercut corporate cooperation incentives as feared — but companies should not completely ignore the lessons of the case, say Temidayo Aganga-Williams and Anna Nabutovsky at Selendy Gay.

  • Series

    Serving In The National Guard Makes Me A Better Lawyer

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    My ongoing military experience as a judge advocate general in the National Guard has shaped me as a person and a lawyer, teaching me the importance of embracing confidence, balance and teamwork in both my Army and civilian roles, says Danielle Aymond at Baker Donelson.

  • Series

    After Chevron: A Sea Change For Maritime Sector

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    The shipping industry has often looked to the courts for key agency decisions affecting maritime interests, but after the U.S. Supreme Court's Loper Bright ruling, stakeholders may revisit important industry questions and coordinate to bring appropriate challenges and shape rulemaking, say attorneys at Holland & Knight.

  • A Midyear Forecast: Tailwinds Expected For Atty Hourly Rates

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    Hourly rates for partners, associates and support staff continued to rise in the first half of this year, and this growth shows no signs of slowing for the rest of 2024 and into next year, driven in part by the return of mergers and acquisitions and the widespread adoption of artificial intelligence, says Chuck Chandler at Valeo Partners.

  • Mitigating Risks Amid 10-Year Sanctions Enforcement Window

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    In response to recent legislation, which doubles the statute of limitations for actions related to certain U.S. sanctions and provides regulators greater opportunity to investigate possible violations, companies should take specific steps to account for the increased civil and criminal enforcement risk, say attorneys at Freshfields.

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