Canadian Prime Minister Mark Carney on Thursday committed to work with European Union officials to enhance the trading relationship between the bloc and Canada as the country's top trade official is scheduled to visit major partners in Asia in the coming days to advance negotiations on trade agreements.
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TOP NEWS

Canada Commits To Trade Initiatives With EU, Southeast Asia

By Dylan Moroses

Canadian Prime Minister Mark Carney on Thursday committed to work with European Union officials to enhance the trading relationship between the bloc and Canada as the country's top trade official is scheduled to visit major partners in Asia in the coming days to advance negotiations on trade agreements.

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Trump Bars Canadian Goods From US Gov't Procurement

By Rae Ann Varona

President Donald Trump has signed a presidential memorandum directing agencies to identify and "take steps" to remove Canadian goods from U.S. government procurement as a response to Canadian measures limiting U.S. companies' access to the northern neighbor's government procurement markets.

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Skycom Engineer Says Huawei Was His Real Boss In Iran

By Stewart Bishop

A Tehran-born engineer who has since become a U.S. citizen on Thursday testified that he worked for Huawei on projects for the Iranian government, despite technically being employed by what prosecutors say was a thinly veiled subsidiary that the Chinese telecommunications company used to evade U.S. sanctions.

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Trade Court Won't Pause Broker's Customs Code Revocation

By Jack McLoone

U.S. Customs and Border Protection doesn't have to restore a customs broker's entry filing access while he challenges his removal from the system, the U.S. Court of International Trade ruled, finding his suit "ignores the reality" of the situation.

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Analysis

Sue To Stop AI Armageddon? Not So Fast, Attys Say

By Y. Peter Kang

As executives at leading artificial intelligence companies increasingly assert that their own technology could one day pose an existential threat to humanity, a natural question follows: If the risk is real, can anyone sue to stop it before disaster strikes?

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POLICY & REGULATION

Sen. Dems Question Oversight Of Venezuela Resource Funds

By Dylan Moroses

Senate Democratic leaders sent a letter to President Donald Trump's administration seeking information about its role overseeing oil and gold transactions in Venezuela, raising concerns about corruption and possible misuse of funds, according to a press release issued Thursday.

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Brief

Commerce Orders Duties On Algerian Steel Rod Imports

By Jack McLoone

Imports of carbon and alloy steel wire rod from Algeria will be subject to a countervailing duty after the U.S. Department of Commerce finalized its determination Thursday that the imports are benefiting from government subsidies.

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Brief

Bulgarian, Egyptian And Vietnamese Rebar Hit With US Duties

By Jack McLoone

Steel reinforcing bar arriving into the U.S. from Bulgaria, Egypt and Vietnam will be subject to antidumping duties, while the Egyptian and Vietnamese rebar will also be hit with countervailing duties, the U.S. Department of Commerce said Thursday.

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ARBITRATION

Ex-YPF Investors Take Argentina To ICSID Over 2012 Seizure

By Joyce Hanson

The International Centre for Settlement of Investment Disputes has picked up a bid for arbitration by investors in Argentine oil and gas exploration company YPF SA, making good on their statement to a New York federal judge that they will arbitrate their claims over Argentina's nationalization of YPF.

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LEGAL INDUSTRY

Senate Confirms Kirkland Partner To Texas Federal Bench

By Courtney Bublé

The Senate voted 49-45 on Thursday to confirm Kasdin Miller Mitchell, a partner at Kirkland & Ellis LLP, to serve as a U.S. district judge for the Northern District of Texas.

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Clancy Atty Denies Malpractice Claim By Man Serving Life

By Julie Manganis

A prominent Massachusetts criminal defense attorney best known for representing Lindsay Clancy has been accused in a separate case of "abandoning" a client who is serving life sentences for second-degree murder and home invasion, allegations the lawyer denies.

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AI Flubs, More Secure PACER Get Judiciary Forum Spotlight

By Jeff Overley

Misuse of artificial intelligence tools and a "state-of-the-art" revamp of electronic dockets in federal cases were among the hottest topics Thursday at a major meeting of judiciary leaders, who also heard a lawmaker warn of eroding trust in the U.S. Department of Justice.

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Analysis

For Single-Party FTC, Easier Suits May Come With A Cost

By Bryan Koenig

The Federal Trade Commission has ditched its historical multimember, multiparty ethos for a one-party regime in which fewer dissents might make it easier for Chairman Andrew Ferguson to pursue his agenda, but it also forecloses the potential "moderating influence" that comes with winning broad buy-in from commissioners of two parties.

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Immigration Attorney Wants SEC Sanctioned In EB-5 Case

By Tom Lotshaw

An immigration attorney and her firm asked a New York federal judge to sanction the U.S. Securities and Exchange Commission for failing to reasonably investigate an allegedly bogus unregistered securities claim it brought against them in an EB-5 immigrant investor case.

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Weaponization Fund Plaintiffs Say Discovery Ruling Was Right

By Jared Foretek

Plaintiffs suing over the Trump administration's once-proposed "anti-weaponization fund" are telling a Virginia federal judge to reject the U.S. Department of Justice's objections to a magistrate judge's discovery order, accusing the administration of stonewalling their requests and urging prompt discovery production.

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LAW FIRMS IN TODAY'S NEWS

Cozen O'Connor

Jenner & Block

Kellogg Hansen

King & Spalding

Kirkland & Ellis

Loretta A. Preska

McGuireWoods

Mona Shah & Associates

Morrison Cohen

Ratzan Weissman

Sidley Austin

Squire Patton

Steptoe LLP

Wiley Rein

Wilson Sonsini

COMPANIES IN TODAY'S NEWS

Aires

Anthropic PBC

Burford Capital LLC

Democracy Forward Foundation

Eton Park Capital Management LP

Futurewei Technologies Inc.

George Washington University

HSBC Holdings PLC

Huawei Technologies Co. Ltd.

International Centre for Settlement of Investment Disputes

KPMG International

Med-Trans Corp.

National Rifle Association of America

National Treasury Employees Union

NuRide Transportation Group LLC

OpenAI OpCo LLC

Repsol SA

The Associated Press

YPF SA

GOVERNMENT AGENCIES IN TODAY'S NEWS

European Commission

European Parliament

European Union

Executive Office of the President

Federal Acquisition Regulatory Council

Federal Bureau of Investigation

Federal Trade Commission

International Trade Commission

Judicial Conference of the United States

Office of the U.S. Trade Representative

Superior Court of Massachusetts

U.S. Attorney's Office for the Eastern District of New York

U.S. Customs and Border Protection

U.S. Department of Commerce

U.S. Department of Homeland Security

U.S. Department of Justice

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

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

U.S. District Court for the Northern District of Texas

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

U.S. Navy

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

US Office of Management and Budget

World Trade Organization