International Trade

  • March 04, 2024

    EU Eyes Strategy For Exiting 'Outdated' Energy Treaty

    The European Commission has asked its 27 member states not to stand in the way of proposed reforms to a contested cross-border agreement that protects fossil fuel investments, saying the European Union's approval of the reforms would hasten the EU's departure from the pact.

  • March 04, 2024

    DOJ Worried Binance Founder's Travel May 'Become An Issue'

    Binance founder Changpeng Zhao should have to notify the government of any travel as he awaits sentencing, prosecutors have said, telling a federal court in Washington they remain concerned he could be a flight risk.

  • March 04, 2024

    US Ends Old Curbs On Zimbabwe, But Sanctions Its President

    The Biden administration on Monday ended more than two decades of U.S. economic sanctions on Zimbabwe in an apparent pivot toward a program covering "clear and specific targets," including the country's current president, Emmerson Mnangagwa.

  • March 04, 2024

    International Labor Rights Expert Joins Kelley Drye

    A former assistant U.S. Trade representative known for his work promoting international labor rights is joining Kelley Drye & Warren LLP.

  • March 04, 2024

    Feds Escape $603K In Atty Fees Despite Customs' Loss

    The U.S. Court of International Trade has found that Customs officials reasonably, albeit wrongly, determined that an importer skirted tariffs on Chinese saw blades, holding that the importer can't foist the $603,000 legal bill it incurred in an ultimately successful fight onto the government.

  • March 04, 2024

    Menendez Loses Bid To Exclude Gold Bars From Bribery Case

    A New York federal judge on Monday refused to exclude explosive evidence — including gold bars, cash and an engagement ring — the federal government unearthed in its second bribery case against U.S. Sen. Robert Menendez and his associates, reasoning that the omissions the embattled New Jersey Democrat targeted in prosecutors' affidavits weren't material.

  • March 01, 2024

    Ga. Tech Prof Gets Most China-Tied Fraud Charges Tossed

    A Georgia federal judge on Friday overruled a federal magistrate in dismissing nine of 10 criminal charges against a former Georgia Institute of Technology professor who was accused of using his post to help bring foreign nationals into the U.S. to covertly work for Chinese telecommunications firm ZTE.

  • March 01, 2024

    Columbia Arbitration Panel Talks Reform, Treaty Challenges

    A lack of expertise that can lead to giving away too much to larger, more powerful nations is just one of the challenges that emerging economies face when negotiating treaties, several government officials said during a wide-ranging panel on investor-state dispute settlement on Friday during the 2024 Columbia Arbitration Day in New York.

  • March 01, 2024

    Honduras Tells World Bank It's Denouncing ICSID Convention

    The World Bank said it has received a notice of denunciation from the Republic of Honduras regarding the financial institution's International Centre for Settlement of Investment Disputes and its treaty ratified by 158 contracting states to uphold and enforce arbitral awards.

  • March 01, 2024

    WTO To Wind Down Block On Digital Trade Tariffs

    World Trade Organization members agreed Friday to maintain a long-running block on tariffs for electronic transmissions for two more years before allowing it to permanently expire, a compromise outcome that is unlikely to satisfy American businesses.

  • March 01, 2024

    Menendez Associate Pleads Guilty In Bribe Case

    A New Jersey insurance broker pled guilty Friday to bribing Sen. Bob Menendez and his wife, Nadine, by buying her a Mercedes-Benz convertible, under an agreement to cooperate with federal prosecutors.

  • March 01, 2024

    Russian Admits To Smuggling US Tech With Military Uses

    A Russian national pled guilty in a New York federal court to money laundering and smuggling, after being accused by U.S. prosecutors of operating a network that brought sensitive U.S. microelectronics with military applications to Russia.

  • March 01, 2024

    Oil Trader Gunvor To Pay $665M For Ecuadorian Bribe Scheme

    Gunvor Group on Friday admitted to conspiring to bribe officials of the Ecuadorian government in order to win business for the energy commodities giant and agreed to pay $665 million as part of criminal resolutions with the U.S. Department of Justice and Swiss authorities.

  • March 01, 2024

    Taxation With Representation: Pillsbury, Cleary Gottlieb

    In this week's Taxation with Representation, First Advantage Corp. acquires Sterling Check Corp., International Game Technology spins off two subsidiaries, Disney merges its media operations in India with Reliance Industries, and Atlas Energy Solutions purchases Hi-Crush.

  • February 29, 2024

    GSA's Chinese Cameras Better Off In Russia, House Rep. Quips

    Members of the U.S. House of Representatives criticized the federal government's 2022 purchase of 150 Chinese cameras over national security concerns during a Thursday hearing, with one lawmaker calling to get rid of them and send them to Russia instead.

  • February 29, 2024

    US Eyes Rules To Secure Chinese-Made Connected Cars

    The U.S. Department of Commerce said Thursday that it's considering crafting regulations to address potential data privacy and security risks posed by connected vehicles that are imported from China and other foreign adversaries. 

  • February 29, 2024

    Medtronic Expands Its Bladder Device Patent Fight

    Medical device conglomerate Medtronic has opened two more fronts in its fight over a new kind of "neuromodulation solution" for bladder and bowel control issues that's at the center of its ongoing intellectual property dispute with a newer and smaller rival, a recent acquisition of Boston Scientific.

  • February 29, 2024

    Boeing To Pay $51M To End 199 Arms Export Violation Claims

    The Boeing Co. will pay $51 million to resolve nearly 200 export violations that threatened U.S. national security when its foreign employees downloaded and transferred technical data in violation of the International Traffic in Arms Regulations, with $24 million to go toward compliance efforts, the U.S. Department of State announced Thursday.

  • February 29, 2024

    Mexico Must Close Mine To Fix Labor Violations, US Says

    Shuttering a Grupo Mexico-owned mine until management negotiates with workers' lawfully designated labor union is the only way to resolve rights violations at the facility, the United States told an international dispute settlement panel in its closing remarks Wednesday.

  • February 29, 2024

    FMC Rule Keeps Container Shipping Penalties In Check

    Federal regulators fired a shot across the bow to maritime giants by finalizing a long-awaited rule that clamps down on billing practices that saddled shippers and truckers with hefty penalties for failing to move cargo out of ports and return empty containers in a timely fashion.

  • February 29, 2024

    Biden Floats 3 Nominees To Return FERC To Full Strength

    President Joe Biden on Thursday unveiled a trio of nominees to fill vacant commissioner slots at the Federal Energy Regulatory Commission, including the solicitor general of West Virginia and a former Massachusetts energy official.

  • February 29, 2024

    Calendar Co. Says Feds Trying To Nix Evidence They Spoiled

    A calendar company challenging a tariff classification for its planners has told the U.S. Court of International Trade it found the government's bid to strike part of the company's opposition brief ironic given a recent discovery that the government tampered with samples of the company's products, and in a way that supports the company.

  • February 29, 2024

    Feds Nab 2 More Guilty Pleas In Polar Air Cargo Fraud Case

    Two more former executives of Polar Air Cargo Worldwide Inc. have pled guilty to participating in a scheme to accept kickbacks from vendors in exchange for favorable business arrangements.

  • February 29, 2024

    Defense Contractor Says Ex-Exec Took Sensitive Data To Rival

    A defense contractor accused a former executive of taking confidential business information and export-controlled data on the body armor it supplies to the U.S. military and local and state law enforcement to a rival, a foreign-owned business.

  • February 28, 2024

    Skeptical DC Circ. Probes Treaty's Arbitration Applicability

    A D.C. Circuit panel on Wednesday seemed dubious about efforts by Spain and Romania to escape the enforcement of substantial arbitration awards based on the contention that European Union law prohibits arbitration between member states and European investors.

Expert Analysis

  • How Firms Can Ensure Associate Gender Parity Lasts

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    Among associates, women now outnumber men for the first time, but progress toward gender equality at the top of the legal profession remains glacially slow, and firms must implement time-tested solutions to ensure associates’ gender parity lasts throughout their careers, say Kelly Culhane and Nicole Joseph at Culhane Meadows.

  • Opinion

    OFAC Should Loosen Restrictions On Arbitration Services

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    The Office of Foreign Assets Control regulations should be amended so that U.S. persons can provide arbitration services to sanctioned parties — this would help align OFAC policy with broader U.S. arbitration policy, promote efficiency, and effectively address related geopolitical and regulatory challenges, says Javier Coronado Diaz at Diaz Reus.

  • 7 Common Myths About Lateral Partner Moves

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    As lateral recruiting remains a key factor for law firm growth, partners considering a lateral move should be aware of a few commonly held myths — some of which contain a kernel of truth, and some of which are flat out wrong, says Dave Maurer at Major Lindsey.

  • Series

    Cheering In The NFL Makes Me A Better Lawyer

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    Balancing my time between a BigLaw career and my role as an NFL cheerleader has taught me that pursuing your passions outside of work is not a distraction, but rather an opportunity to harness important skills that can positively affect how you approach work and view success in your career, says Rachel Schuster at Sheppard Mullin.

  • Unpacking The New Russia Sanctions And Export Controls

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    Although geographically broad new prohibitions the U.S., U.K. and EU issued last week are somewhat underwhelming in their efforts to target third-country facilitators of Russia sanctions evasion, companies with exposure to noncompliant jurisdictions should pay close attention to their potential impacts, say attorneys at Shearman.

  • Args In APA Case Amplify Justices' Focus On Agency Power

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    In arguments last week in Corner Post v. Federal Reserve, the U.S. Supreme Court justices paid particular importance to the possible ripple effects of their decision, which will address when a facial challenge to long-standing federal rules under the Administrative Procedure Act first accrues and could thus unleash a flood of new lawsuits, say attorneys at Snell & Wilmer.

  • Steps For Companies New To Sanctions Compliance

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    Businesses newly required to implement compliance programs due to the increased breadth of mandatory sanctions and export controls, including 500 additional Russia sanctions announced last Friday, should closely follow the guidance issued by the Office of Foreign Assets Control and other regulators, say Jennifer Schubert and Megan Church at MoloLamken.

  • 6 Pointers For Attys To Build Trust, Credibility On Social Media

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    In an era of information overload, attorneys can use social media strategically — from making infographics to leveraging targeted advertising — to cut through the noise and establish a reputation among current and potential clients, says Marly Broudie at SocialEyes Communications.

  • A Look Ahead For The Electric Vehicle Charging Industry

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    This will likely be an eventful year for the electric vehicle market as government efforts to accelerate their adoption inevitably clash with backlash from supporters of the petroleum industry, say Rue Phillips at SkillFusion and Enid Joffe at Green Paradigm Consulting.

  • A Post-Mortem Analysis Of Stroock's Demise

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    After the dissolution of 147-year-old firm Stroock late last year shook up the legal world, a post-mortem analysis of the data reveals a long list of warning signs preceding the firm’s collapse — and provides some insight into how other firms might avoid the same disastrous fate, says Craig Savitzky at Leopard Solutions.

  • Mitigating The Risk Of Post-Closing M&A Earnout Disputes

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    Today's uncertain deal environment makes a well-crafted earnout an excellent way for parties to accomplish a desired transaction that would not otherwise occur, but transacting parties also need to take key steps to avoid the risk of post-closing disputes that earnouts can present, say Chad Barton and Claire Lydiard at Holland & Knight.

  • Preparing For DOJ's Data Analytics Push In FCPA Cases

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    After the U.S. Department of Justice’s recent announcement that it will leverage data analytics in Foreign Corrupt Practice Act investigations and prosecutions, companies will need to develop a compliance strategy that likewise implements data analytics to get ahead of enforcement risks, say attorneys at Cozen O'Connor.

  • How High Court SEC Case Could Affect The ITC

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    While the U.S. Supreme Court’s upcoming ruling in U.S. Securities and Exchange Commission v. Jarkesy will likely spare the U.S. International Trade Commission from major operative changes, the ITC’s ability to issue penalties for violations of its orders may change, say Gwendolyn Tawresey and Ryan Deck at Troutman Pepper.

  • $32.4M Fine For Info Disclosure Is A Stark Warning For Banks

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    The New York State Department of Financial Services and the Federal Reserve's fining of a Chinese state-owned bank $32.4 million last month underscores the need for financial institutions to have policies and procedures in place to handle confidential supervisory information, say attorneys at Sidley.

  • Exporters Should Approach Self-Disclosure With Caution

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    A January Bureau of Industry and Security memorandum created an abbreviated process for disclosing export control violations that lack aggravating factors, but deciding which disclosure method to utilize remains a complex strategic undertaking to which companies must give careful consideration, say attorneys at Covington.

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