4 Takeaways From The EU's Latest Trade Agreements

By Dylan Moroses

The European Union recently cemented formal trade agreements with India and Mercosur, a group of Latin American countries, which — along with creating certainty for businesses in the regions — strike a sharp contrast with the approach taken in framework deals reached by President Donald Trump. Here, Law360 examines four takeaways from the two trade agreements announced by the EU.

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India, US Outline Commitments Toward Trade Deal

By Dylan Moroses

India has agreed to remove tariffs on U.S. industrial exports and several agricultural products, including soybean oil, tree nuts and fruit, in exchange for further U.S. tariff relief, according to a joint statement issued Friday afternoon by the White House.

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Brief

Trump Orders 25% Tariff For Countries With Biz Ties To Iran

By Dylan Moroses

President Donald Trump signed an executive order Friday afternoon that threatens a 25% tariff on the imports entering the U.S. of countries found to be purchasing goods or services from Iran.

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Ex-Fla. Rep., Lobbyist Want Maduro To Testify At Trial

By Cara Salvatore

A former Florida congressman and a lobbyist who allegedly secretly represented Venezuela in the U.S. said their upcoming trial should include the testimony of the country's former president, Nicolás Maduro.

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Law360 Seeks Members For Its 2026 Editorial Boards

Law360 is looking for avid readers of our publications to serve as members of our 2026 editorial advisory boards.

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Chinese, Malaysian Glassmakers Face Steep US Duties

By Jack McLoone

Chinese and Malaysian producers of float glass are facing antidumping and countervailing duties on their U.S. imports following a U.S. Department of Commerce investigation, with some Chinese exporters looking at potential triple-digit duties.

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Commerce Ordered To Try Again On Russian Fertilizer Duties

By Jack McLoone

The U.S. Department of Commerce has again failed to justify its calculations for the value of Russian mining rights as part of a countervailing duty investigation into phosphate fertilizer, the U.S. Court of International Trade said Friday in an order for a partial redo.

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DC Circ. Wary Of Drone Maker's Chinese Gov't Ties

By Madeline Lyskawa

The D.C. Circuit appeared skeptical of a drone manufacturer's claim that a 2021 recognition from the Chinese government no longer carries weight, while acknowledging that much of the U.S. government's evidence for labeling the company as a "Chinese military company" remains classified.

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Chinese News App Beats Investor Suit Over Ad Revenue

By Katryna Perera

Chinese news aggregation app Qutoutiao Inc. and its underwriters have beaten a consolidated investor class action accusing the company of illicit advertising activity following its initial public offering, after a New York federal judge found that the plaintiff does not have standing on all the asserted claims.

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Venezuela Legal Shifts May Create Investment Opportunities

Since the removal of President Nicolás Maduro, Venezuela has shown signs of economic liberalization, particularly in the oil and mining sectors, presenting unique — but still high-risk — investment opportunities for U.S. companies, say attorneys at Haynes Boone.

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Opinion

CFIUS Must Adapt To Current Foreign Investment Realities

To continue protecting the U.S.’ long-term strategic and economic interests, the Committee on Foreign Investment in the United States should implement practical enhancements that leverage technology, expertise and clear communication, and enable it to keep pace with evolving demands, says attorney Sohan Dasgupta.

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How Latest Nasdaq Proposals Stand To Raise Listings Quality

Nasdaq's recent proposals stand to heighten both quantitative and qualitative standards for issuers, which, if approved, may bring investors stronger market integrity and access but also raise the listings bar, say attorneys at Norton Rose.

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Weathering FINRA's Scrutiny Of Foreign Small-Cap Issuers

To prepare for the Financial Industry Regulatory Authority's recently announced targeted examinations, broker-dealers and firms that assist with IPOs abroad should consult years of FINRA guidance on managing the money-laundering and fraud risks inherent to foreign small-capitalization offerings, say Michael Watling and Elika Mohebbi at Seward & Kissel.

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Texas AG Wields Consumer Protection Law Against Tech Cos.

Texas Attorney General Ken Paxton has targeted technology companies using the Texas Deceptive Trade Practices Act, a broadly worded statute that gives the attorney general wide latitude to pursue claims beyond traditional consumer protection, creating unique litigation risks, say attorneys at Yetter Coleman.

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EEOC, Law Students End Legal Battle Over Firm DEI Letters

By Lynn LaRowe

A proposed class action brought by law students last year challenging the U.S. Equal Employment Opportunity Commission's requests for diversity data from 20 law firms ended Monday with the government agreeing compliance "was not mandatory, and that most law firms did not provide any of the requested information."

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Ill. Legislation Targets Outside Investments In Legal Sector

By Emma Cueto

Two bills introduced in the Illinois state Legislature seek to place restrictions on the use of private equity-backed managed service organizations in the legal industry and on any fee-sharing between Illinois lawyers and firms owned by nonlawyers in states like Arizona.

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Goldstein's Defense Questions Missing Tax Emails

By Jared Foretek

Document retention at the outside accounting firm for SCOTUSblog founder Thomas Goldstein and his law firm took center stage at the U.S. Supreme Court lawyers' tax fraud trial Monday, as the defense claimed that the accountants' internal emails about Goldstein's tax returns were never produced despite being sought in subpoenas.

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Conn. Atty Sanctioned For Another Case Of AI Misuse

By Emily Sawicki

A Connecticut labor litigator's vow to permanently cease using generative artificial intelligence tools in his practice after he allowed AI-generated errors to appear in separate but similar June filings has weighed in his favor as a Bridgeport federal judge ordered sanctions against the attorney.

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High Court Asked To Take Up Malpractice Case Against Akin

By Adam Lidgett

A former Cornell University graduate student wants the U.S. Supreme Court to review the dismissal of his suit accusing Akin Gump Strauss Hauer & Feld LLP attorneys of manipulating patent litigation to steal his DNA sequencing intellectual property.

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10th Circ. Ends Civil Rights Suit, Sanctions Atty For AI Errors

By Emily Sawicki

A self-represented Maryland attorney could not revive her $15 million racial discrimination suit against Denver-based Frontier Airlines after a Tenth Circuit panel found the district court had not erred in its dismissal, in a ruling that also sanctioned the lawyer for misusing generative artificial intelligence.

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Catching Up With Delaware's Chancery Court

By Jeff Montgomery

Delaware's chancellor has rejected a bid for dismissal of a derivative suit accusing Coinbase Global Inc. insiders of massively unloading shares ahead of a steep stock drop, stressing a special litigation committee's failure to meet independence standards.

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