International Trade

  • July 19, 2019

    Ex-Credit Suisse Director Cops To Role In $2B Loan Fraud

    A former Credit Suisse managing director on Friday admitted to his role in a bribery and investor fraud scheme involving $2 billion in loans to state-backed companies in Mozambique, telling a New York federal judge he conspired to defraud those who invested in the debt.

  • July 19, 2019

    NH Justices Back Block Of Eversource Hydropower Project

    New Hampshire state regulators were within their authority to reject Eversource Energy's proposal for the primary portion of a $1.6 billion power line project intended to ship Canadian hydroelectricity to Massachusetts, the state's Supreme Court held Friday.

  • July 19, 2019

    Polsinelli Taps Ex-Akerman Atty To Head Int'l Trade Team

    Polsinelli PC has brought on a former Akerman LLP partner to chair its international trade and customs practice, while bolstering its global franchise and supply network practice with the addition of three more attorneys, the firm has announced.

  • July 19, 2019

    Commerce Sets Final Duties On Steel Racks From China

    The U.S. Department of Commerce on Thursday finalized triple-digit tariff rates on steel racks imported from China after determining they had been sold at below-market prices in the U.S. or received unfair subsidies from the Chinese government.

  • July 19, 2019

    US, China Butt Heads Over Beef Trade Restrictions

    The U.S. government on Friday leaned on China to peel back its restrictions on American beef, accusing Beijing of being overly wary of mad cow disease even though the U.S. has been deemed a "negligible risk" for that affliction.

  • July 19, 2019

    China Cries Foul Over Trump's Nuclear Sanctions Dragnet

    The Chinese government on Friday called on the Trump administration to "correct" its latest sanctions enforcement effort, which ensnared a number of Chinese and Belgian companies alleged to have aided in Iran in procuring materials for its nuclear program.

  • July 19, 2019

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

    The last week has seen the owner of a Manchester skyscraper that needed repair sue several underwriters at Lloyd's, a prominent cryptocurrency trader drag a U.K. digital currency exchange into court and an executive for Honeywell sue HSBC Bank PLC. Here, Law360 looks at those and other new claims in the U.K.

  • July 18, 2019

    Honeywell Faces FCPA Probe Related To Petrobras

    Honeywell International Inc. announced Thursday that it is under investigation by U.S. and Brazillian authorities for possible violations of the U.S. Foreign Corrupt Practices Act in relation to former third party workers from its Brazilian oil business and to Petróleo Brasileiro SA.

  • July 18, 2019

    Citgo Board Fight Should Be 'Crystal Clear,' Chancery Told

    It is "crystal clear" that opposition leader Juan Guaidó is the U.S.-recognized interim president of Venezuela, and thus, has authority to select those who control the state-owned entity that determines who sits on Citgo's board, counsel for Guaidó-backed members told a Delaware vice chancellor Thursday.

  • July 18, 2019

    Seafood Co. Exec Cops To $4M Crab Label Fraud

    An executive at a Virginia seafood processor admitted in federal court Thursday to helping his father falsely label millions of dollars' worth of foreign crabmeat as “Product of USA,” according to the U.S. Department of Justice.

  • July 18, 2019

    Trump's Shadow Looms Over Japan-Korea Security Flap

    Japan's decision to restrict its chemical exports to South Korea on national security grounds echoes a number of recent moves by President Donald Trump, leading experts to question whether the administration's creative enforcement of trade laws is beginning to rub off on key U.S. allies.

  • July 18, 2019

    G-7 Competition Authorities Reach Pact On Digital Markets

    Nations trying to keep competition in their countries on an even keel should shy away from overly rigid regulations of the digital sector, or they could end up holding back smaller competitors, the G-7 nations said Thursday.

  • July 18, 2019

    CIT Affirms Commerce Finding On French Steel Plate Duties

    The U.S. Court of International Trade on Wednesday upheld tariffs on carbon and alloy steel plates imported from France after the government was ordered to revisit its methodology for calculating the duties.

  • July 18, 2019

    EU, Canada Set Sights On Interim WTO Appeals System

    Canada and the European Union confirmed Thursday that they are finalizing an interim arrangement to resolve international trade disputes in the event that the World Trade Organization's Appellate Body is shuttered by the end of this year.

  • July 18, 2019

    Inconsistent Tech, Trade Policies Hamstring Trump Admin

    The Trump administration's trade negotiations with China have bogged down as administration officials appear split over whether to treat state-affiliated technology firms like Huawei as threats to avoid or as partners to cut deals with, experts agreed Thursday during a Washington, D.C., panel.

  • July 18, 2019

    Shipowner Sues Insurers For $77M Over Confiscated Tanker

    The former owner of an oil tanker has asked a judge in London to force dozens of insurers to cough up $77 million after Venezuelan authorities seized the ship, claiming the events are covered as an act of war. 

  • July 17, 2019

    'May I Just Ask': Era Of Civility Passes With Justice Stevens

    Former clerks and attorneys remember Justice John Paul Stevens, who died Tuesday night at the age of 99, for his trenchant mind and his unending civility. Does his passing mark an end to an era of collegiality on the bench?

  • July 17, 2019

    Venezuelan Fight Over Citgo Board Heats Up In Chancery

    The fight over who runs Venezuela and its vast oil industry rages on in Delaware Chancery Court as opposition leader Juan Guaidó argued Wednesday that the court should reject an attempt by rival Nicolás Maduro to have the court install certain members on Citgo’s board of directors.

  • July 17, 2019

    Justice Stevens' Chevron Legacy Under Attack

    Justice John Paul Stevens' landmark decision in Chevron USA Inc. v. NRDC shaped the course of administrative law, and his legacy, for decades. But a recent wave of criticism shared by members of the current court threatens to erase a doctrine that has long bolstered federal regulators' sway over corporate America.

  • July 17, 2019

    'Kindness, Humility, Wisdom': Justices Remember Stevens

    A day after retired U.S. Supreme Court Justice John Paul Stevens died at the age of 99, his colleagues paid tribute to the third-longest-serving member of the high court, cherishing his devotion to public service, his kindness and his unwavering commitment to justice.

  • July 17, 2019

    The Stories They Tell About Justice Stevens

    Justice John Paul Stevens had a legendary reputation as one of the most humble and caring members of the court. His clerks related some tales that show why.

  • July 17, 2019

    Hear Justice Stevens In 5 Memorable Moments On The Bench

    Justice John Paul Stevens was known for being collegial and kind, but he also wasn’t one to mince words. Listen to a few of the justice’s most memorable words from the bench, in majority opinions, sharply worded dissents and at oral argument.

  • July 17, 2019

    Justice Stevens' High Court Legacy In 4 Charts

    In this data deep-dive, Law360 examines retired Justice John Paul Stevens’ long tenure, his relatively breezy confirmation, his transformation from a run-of-the-mill Republican appointee to runaway liberal, and the legacy that lives on in his clerks.

  • July 17, 2019

    House Dems Push USTR For Enviro Protections In NAFTA 2.0

    A group of House Democrats working on the renegotiated North American Free Trade Agreement pushed U.S. Trade Representative Robert Lighthizer at a meeting on Wednesday to improve environmental protections in the trilateral accord in order to secure their vote.

  • July 17, 2019

    Lawmakers Float Bipartisan Bill To Keep Huawei Blacklisted

    Lawmakers introduced bipartisan legislation Tuesday that would codify President Donald Trump’s decision to bar Chinese telecom Huawei from selling equipment in the U.S., as some of the bill's backers said the president shouldn't be able to use the ban as a bargaining chip in trade talks with China.

Expert Analysis

  • Preinstitution Submissions May Limit Certain ITC Probes

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    Following recent rule changes, U.S. International Trade Commission determinations and decisions by the Federal Circuit, proposed respondents may be able to prevent or limit the scope of ITC Section 337 investigations if they act quickly using various types of preinstitution submissions, says Michael Doane of Miles & Stockbridge.

  • Remembering Justice Stevens As A Law Firm Leader

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    Rothschild Barry's John Coffey, who joined Justice John Paul Stevens' law firm in 1965, shares what it was like to watch Justice Stevens practice law, mentor younger lawyers and land a malfunctioning plane.

  • The Latest Executive Order On Buying American Has Teeth

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    Earlier executive orders aimed at strengthening compliance with the Buy American Act were essentially position statements. Monday’s executive order differs, however, because it proposes a textual change to the Federal Acquisition Regulation, one that would have wide-ranging, potentially disruptive effects on government contractors, say attorneys at Covington.

  • A New Era For Human Genetic Resource Compliance In China

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    This month, China's new regulations governing the management of human genetic resources came into effect, bringing stronger enforcement measures and much heavier liabilities that will require many companies, medical and research institutions, and universities to upgrade their compliance systems accordingly, say attorneys at Tian Yuan.

  • Answers To Key Legal Finance Ethics Questions

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    While there is discussion in some quarters about new regulations on commercial legal finance, the hands-off approach taken by the majority of courts and legislatures is an implicit recognition that it is already sufficiently regulated, says Danielle Cutrona of Burford Capital.

  • Federal Agencies Need A Uniform Record-Keeping Process

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    The administrative record is very important to federal agency litigation — as showcased in last month's U.S. Supreme Court decision concerning the addition of a citizenship question to the 2020 census — yet there is no set of consistent principles to guide agencies in compiling these official records, say attorneys at WilmerHale.

  • Tariff Turbulence Alters Importers' Compliance Priorities

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    International trade uncertainty is spurring importers to brush up on existing free trade agreements, explore potential cost-saving measures, and review import policies and procedures, say Michelle Schulz at Polsinelli and Elsa Manzanares at Akerman.

  • The Role Of Dictionaries In Last Term's High Court Decisions

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    Since 32 of the 67 decisions issued by the U.S. Supreme Court during its October term cite dictionaries, it’s worth reviewing the opinions to learn which dictionaries the justices consulted and how they used them, say Bruce Wessel and Brian Weissenberg of Irell & Manella.

  • How To Evaluate The Rise In Legal Employment

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    Although the rate of employment for law school graduates — which had been falling steadily — saw a small increase over the last year, other factors, such as fewer graduates overall and potential future job growth stagnation, temper the good news for those pursuing law degrees, say Tiffane Cochran and Tyler Grimm of AccessLex Institute.

  • Foreign Investment In US Biotech Gets Greater Gov't Scrutiny

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    Chinese investment in the U.S. biotech industry is attracting increased government oversight, as evidenced by the Committee on Foreign Investment in the United States blocking several such transactions in the last 16 months. Two important proposed rules could materially affect the industry further, say attorneys at Morgan Lewis.

  • When FCPA Violations Turn Into Private Securities Cases

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    In recent cases like Doshi v. General Cable Corp., plaintiffs attorneys have tried to use company disclosures of government investigations or settlement agreements with regulators to craft private claims for corporate bribery. There are a few things companies might consider to limit their exposure to such claims, say attorneys at DLA Piper.

  • Opinion

    The Business Case For Championing Diverse Legal Teams

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    Leveraging the collective strengths of a diverse workforce is not only the right thing to do, it’s a strategic imperative for any successful firm or business, says Louise Pentland, executive vice president and chief business affairs and legal officer of PayPal.

  • ARIA Paves The Way For US Reengagement With Asia

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    A U.S. Senate subcommittee recently held hearings concerning the 6-month-old Asia Reassurance Initiative Act, which seeks to renew U.S. engagement in the Indo-Pacific region. But the success of the law will depend on whether the private, governmental and nongovernmental sectors make full use of the funding it provides, says Chuong Le of Snell & Wilmer.

  • Sanctions On Iran’s Supreme Leader: A Limited Escalation

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    Last month, the U.S. Treasury Department’s Office of Foreign Assets Control announced sanctions on Iran’s Supreme Leader Ali Khamenei and on the Supreme Leader's Office. While the effort is notable for targeting prominent Iranian government officials, the practical impacts are fairly limited, say Daniel Waltz and Laura Klick of Squire Patton.

  • How Trump's Trade Wars Are Affecting M&A Target Valuation

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    Acquirers of companies with substantial involvement in imported merchandise must now gauge the many potential impacts of the Trump administration's unpredictable changes to international trade policy when assessing a target's valuation, says Eric Emerson of Steptoe & Johnson.