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International Trade
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December 22, 2025
SEC Accuses 7 Cos. Of Crypto 'Confidence Scam'
The U.S. Securities and Exchange Commission sued a group of companies Monday in Colorado federal court, aiming to reclaim $14 million that it is alleging the firms stole from U.S. investors in a cryptocurrency "confidence scam" and funneled abroad.
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December 22, 2025
CFTC Suit Adds To Convicted Crypto Fraudster's Woes
The CEO of a collapsed cryptocurrency commodity pool who earlier admitted to a wire fraud conspiracy charge now faces U.S. Commodity Futures Trading Commission civil claims over what prosecutors say was a $10 million Ponzi scheme.
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December 22, 2025
Draft House Bill Would Clarify Tax Rules For Digital Assets
A bipartisan draft bill in the U.S. House would modernize the federal tax code for digital assets, its backers said, by establishing a "commonsense tax treatment" for regulated payment stablecoins, clarifying source-of-income rules for trading and extending existing securities-lending rules to digital assets.
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December 22, 2025
Feds Snatch $8.5M In Crypto Connected To Investment Scam
Federal prosecutors have seized $8.5 million in the cryptocurrency Tether that investigators say belongs to victims who were allegedly lured into investing in bogus cryptocurrency trading schemes, the U.S. Attorney's Office for the Eastern District of North Carolina said.
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December 22, 2025
Jury Deadlocks In Ex-NY Gov. Aide's Foreign Agent Case
A Brooklyn federal judge on Monday declared a mistrial in a case alleging a former top aide to two New York governors did the bidding of the People's Republic of China at the highest levels of state government in exchange for millions of dollars, after the jury deadlocked on all charges.
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December 22, 2025
Tariff Refunds Would Be 'A Mess,' Economic Official Says
It would be an "administrative problem" to issue tariff refunds in the aftermath of a potential U.S. Supreme Court ruling against the White House's trade measures, a top economic policy official said.
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December 22, 2025
4 Firms Guide Champion Iron's $290M Bid For Rana Gruber
Australian mining company Champion Iron Ltd. said Monday that it will buy Norwegian rival Rana Gruber ASA for 2.93 billion Norwegian kroner ($290 million) to create a global, high-grade iron ore producer.
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December 22, 2025
Weil Helps UK Energy Biz Buy Gulf Coast Oil Co. For $3.2B
Harbour Energy PLC, a producer of oil and gas in the North Sea, said on Monday that it will buy LLOG Exploration for $3.2 billion in a move to give it access to the Gulf of Mexico's rich oil reserves.
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December 19, 2025
Michigan Can't Shut Down Enbridge Pipeline, Judge Says
A federal judge has agreed with energy infrastructure company Enbridge that Michigan cannot unilaterally shut down an international petroleum pipeline that crosses the Great Lakes, ruling that oversight of the pipeline falls to the federal government.
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December 19, 2025
Coal Exec Calls Out Feds' 'Secrecy' In FCPA Trial Delay Bid
A coal executive facing Foreign Corrupt Practices Act charges has asked a Pennsylvania federal judge to delay his trial, pointing to what he called "secrecy" surrounding the government's review of his case when federal authorities have retreated from bribery prosecutions.
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December 19, 2025
The Top Patent Damages Of 2025
The largest patent verdict of the year was Apple's $634 million loss against Masimo, and juries issued eight other nine-figure verdicts in 2025 — many of which were against Samsung.
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December 19, 2025
Eni Asks Justices To Weigh In On Natural Gas Project Spat
Italian energy giant Eni is urging the U.S. Supreme Court to review a New York appellate court decision that it says "stretched the claim preclusion doctrine beyond all constitutional bounds," in a long-running and multifaceted dispute stemming from a deal over a billion-dollar Mississippi liquefied natural gas processing facility.
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December 19, 2025
Medical, School Groups Seek Order Halting $100K Visa Fee
A medical practice in rural North Carolina and other employers asked a federal judge Friday to block enforcement of the Trump administration's $100,000 fee on H-1B visas, arguing the "massive" fee hike will inflict irreparable harm on their communities.
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December 19, 2025
Trade Court Remands Canada Lumber Duty Calculation Again
The U.S. Commerce Department again failed to sufficiently justify how it calculated a subsidy rate in an antidumping duty administrative review for a Canadian exporter of softwood lumber products, the U.S. Court of International Trade said.
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December 19, 2025
Calif. Ex-Customs Broker Sentenced For Tax, Wire Fraud
A California man was sentenced to 51 months in federal prison after being indicted this year on federal fraud charges and one count of tax evasion, the U.S. Department of Justice said.
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December 19, 2025
VTB Loses Bid To Recover £205M Amid UK Unit's Insolvency
A London court ruled Friday that there is nothing unlawful about the U.K. amending a sanctions license that would block VTB Bank of Russia from recovering approximately £205 million ($274 million) in debts through the administration of its British subsidiary.
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December 18, 2025
ITC Clears Toy Gun Imports, Will Review Smart Rings, Vapes
The U.S. International Trade Commission has had a busy week in intellectual property, determining a series of toy gun imports don't infringe Spin Master patents licensed to Hasbro, instituting reviews requested by companies including Ouraring, AbbVie and Juul, and receiving several new complaints.
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December 18, 2025
DC Circ. Judges Push Back On Navarro's Immunity Claims
Trump White House adviser Peter Navarro found little sympathy for a bid to vacate his 2023 contempt of Congress conviction at the D.C. Circuit on Thursday, with a panel of judges repeatedly rebuffing the argument that he had an implied privilege claim.
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December 18, 2025
DC Circ. Told Transferred Ethics Suit Bolsters Newman's Case
Suspended Federal Circuit Judge Pauline Newman is contending that a decision in which an ethics complaint against a Fourth Circuit judge was transferred out of his home court bolsters her argument that her fellow circuit judges shouldn't have investigated her fitness to remain on the bench.
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December 18, 2025
2nd Circ. Bars Email Service In Chinese 'Baby Shark' Case
The Second Circuit on Thursday backed a finding that the owner of "Baby Shark" trademarks, which won a default judgment against dozens of Chinese companies, didn't properly serve two of those businesses, saying an email didn't pass muster under the rules of the Hague Service Convention.
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December 18, 2025
DOJ, Plastic Resin Co. Resolve Tariff Fraud Probe
The U.S. Department of Justice declined to prosecute a major plastic resin distributor as part of a resolution reached over a scheme promoted by a former executive to change the country of origin on imports from China to avoid duties, the DOJ said Thursday.
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December 17, 2025
5th Circ. Finds 'Truffle,' Reverses Samsung Battery Suit
A Seventh Circuit opinion has convinced the Fifth Circuit to reverse its decision forcing Samsung SDI Co. Ltd. to face a lawsuit over burn injuries a man suffered when one of the company's batteries exploded in his pocket, suggesting the company didn't do a great job making its case the first time around.
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December 17, 2025
Ex-Goldman Banker Can't Dodge Ghana Bribery Charges
A New York federal judge on Wednesday shot down a former Goldman Sachs banker's bid to escape charges over a purported scheme to bribe Ghanaian officials to greenlight a power plant deal, rejecting defense claims of improper sealing and speedy trial violations.
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December 17, 2025
Justices Asked To Hear $50M Zimbabwe Immunity Feud
Two Mauritian mining companies are urging the U.S. Supreme Court to resolve whether countries that agree to arbitrate an international dispute are also waiving their right to assert sovereign immunity in subsequent litigation to recognize a foreign judgment confirming an arbitral award.
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December 17, 2025
Court Remands Commerce Ruling On Vietnam Steel Duties
The U.S. Department of Commerce did not properly substantiate its 2023 findings that imports of Vietnamese steel products were flouting duties imposed on South Korea, India and China, the U.S. Court of International Trade said, remanding the agency's determinations.
Expert Analysis
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From Clerkship To Law Firm: 5 Transition Tips For Associates
Excerpt from Practical Guidance
Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.
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Budget Act Should Boost Focus On Trade Compliance
Passage of the One Big Beautiful Budget Act, coupled with recent U.S. Department of Justice statements that it will use the False Claims Act aggressively to pursue trade, tariff and customs fraud, marks a sharp increase in trade-related enforcement risk, say attorneys at Debevoise.
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Associates Can Earn Credibility By Investing In Relationships
As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.
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Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling
The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.
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Divest Order Shows How Security Fears Extend CFIUS Scope
A recent White House order forcing a Chinese company to divest its 2020 acquisition of a U.S. audiovisual supplier demonstrates the Committee on Foreign Investment in the United States’ growing power to sink foreign transactions over national security concerns — and the enormous risks to U.S. companies from such reviews, say attorneys at Bass Berry.
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Series
Quilting Makes Me A Better Lawyer
Turning intricate patterns of fabric and thread into quilts has taught me that craftsmanship, creative problem-solving and dedication to incremental progress are essential to creating something lasting that will help another person — just like in law, says Veronica McMillan at Kramon & Graham.
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How Tariffs Can Affect Event Studies In Securities Litigation
When the control period is calm and the event window is stormy — often the case with breaking political or economic developments, like President Donald Trump's recent tariff announcements — traditional event study methodology can increase the risk of misleading conclusions in securities litigation, say economic consultants at NERA.
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Fleeing Or Just Leaving Quickly? 2nd Circ. Says It Depends
The Second Circuit’s recent U.S. v. Bardakova decision adopted a new approach for determining whether a defendant who commits a crime in the U.S., and then leaves and remains abroad, intends to avoid prosecution — making it more difficult to argue against the fugitive disentitlement doctrine in most cases, say attorneys at MoloLamken.
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Sanctions Considerations For Reentering The Syrian Market
Reentering or opening new markets in Syria, now that the Trump administration has revoked certain long-standing sanctions and export controls, necessitates increased due diligence and best practices capable of adapting to a changing local environment as well as future changes in U.S. law, say attorneys at Nixon Peabody.
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What 2 Profs Noticed As Transactional Law Students Used AI
After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.
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What Patent Claim 'Invalidity' Means In Different Forums
A recent Federal Circuit order allowing a patent suit to proceed despite similar claims being invalidated in an inter partes review underscores how fractured the patent litigation landscape has become, leading to critical nuances in how district courts, the U.S. International Trade Commission and Patent Trial and Appeal Board treat invalidity, says Jason Hoffman at BakerHostetler.
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Top Takeaways From Trump's AI Action Plan
President Donald Trump's AI Action Plan represents some notable evolution in U.S. policy, including affirmation of the administration's trend toward prioritizing artificial intelligence innovation over guardrails and toward supporting greater U.S. private sector reach overseas, say attorneys at WilmerHale.
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Rebuttal
BigLaw Settlements Should Not Spur Ethics Deregulation
A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.
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What FinCEN's AML Rule Delay Means For Advisers
Even with the Financial Crimes Enforcement Network's statement last month delaying the compliance date for a rule requiring advisers to report suspicious activity, advisers can expect some level of U.S. Securities and Exchange Commission oversight in connection with anti-money laundering compliance, say attorneys at Simpson Thacher.
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5 Ways Lawyers Can Earn Back The Public's Trust
Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.