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INTERNATIONAL TRADE |
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TOP NEWS POLICY & REGULATION ENFORCEMENT Commerce Subpoenas Chinese Co. In National Security Probe The U.S. Department of Commerce subpoenaed a Chinese information and communications technology company under a Trump-era executive order prohibiting transactions with foreign actors found to undermine national security. Trade Court Backs Lighter Duties On Vietnamese Shrimp A U.S. Court of International Trade judge accepted the U.S. Department of Commerce's reluctant decision to lower tariffs on two Vietnamese frozen shrimp factories to the same level as their parent company Wednesday, saying the agency failed to justify higher rates.
PEOPLE EXPERT ANALYSIS Cargo Insurance May Cover Losses From Suez Canal Delays Policyholders who have suffered economic losses from the recent Suez Canal blockage may be able to secure compensation from their standard cargo insurance policies, even if coverage for delays is explicitly precluded, says Jeremy Lawrence at Munger Tolles. Attys Who Sifted Through Ashes Of Madoff Ponzi Look Back Bernie Madoff left a legacy of substantial ruin for many who were the victims of the largest Ponzi scheme in history. His death on Wednesday is a reminder of a fraud that operated in plain sight for years, said attorneys who have investigated the scheme. Long Fight In Madoff Recovery Efforts Continues Some 13 years since the exposure of Ponzi mastermind Bernie Madoff, a herculean effort to recover billions of dollars lost in his fraud continues in hundreds of lawsuits and in jurisdictions as far off as Luxembourg. Bonus Spotlight Perkins Coie, Foley & Lardner, Quinn Give Special Bonuses Perkins Coie LLP, Foley & Lardner LLP and Quinn Emanuel Urquhart & Sullivan LLP have announced they're handing out special bonuses this year, following in the footsteps of more than 50 peers who plan to distribute between $12,000 and $64,000 to associates in two lump sums before the end of the year. Trustee Enlists Firm To Hunt Down Erika Girardi's Valuables The bankruptcy trustee liquidating embattled attorney Tom Girardi's personal property is seeking to tap a Los Angeles law firm to hunt down money and valuables held by his wife, Erika, saying the "Real Housewives of Beverly Hills" star may have taken community property or given it to others. Biden Pick For DOJ Enviro Chief Quizzed On Climate, Wildlife President Joe Biden's pick to lead the environmental division of the U.S. Department of Justice fielded questions from senators Wednesday about wildlife trafficking, climate change and enforcement at a nomination hearing. Fox News Has High-Profile Team In $1.6B Defamation Defense Two high-profile attorneys have joined Fox News' defense team in a $1.6 billion defamation lawsuit filed in Delaware Superior Court by Dominion Voting Systems that accuses the cable giant of spreading "outlandish" claims about the 2020 election. Older Retired NY Judges May Come Back To Bench After All New York Chief Judge Janet DiFiore said Wednesday the state budget for the new fiscal year will allow the court system to retain 46 judges over the age of 70 who were forced off the bench earlier this year after reaching their constitutional age limit and were denied certification to serve an additional two-year term.
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