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International Trade

  • August 13, 2025

    2 Estonians Get Time Served For $577M Crypto Ponzi Scheme

    Two Estonian nationals have received no additional jail time for operating a $577 million crypto mining Ponzi scheme, despite federal prosecutors' assertions the pair deserved 10 years in prison for the fraud. 

  • August 13, 2025

    Decision In $50B Yukos Case Raises Interesting Question

    The D.C. Circuit's decision last week reviving Russia's bid to escape litigation to enforce $50 billion in arbitral awards has raised what experts say remains a "very open" question — are U.S. courts obligated to defer to foreign courts that affirm an arbitral award issued under their law?

  • August 13, 2025

    How A Flowchart Won $14.5M In Fla. Woman's Fraud Suit

    In Mireya Cambero's lawsuit against her ex-husband Jose Fernando De Matos, her attorneys at Miami-based Diaz Reus LLP had to prove fraudulent transfers but avoid confusing a jury with voluminous, uninteresting business filings. The best way to do it, they decided, was to organize their evidence in an easily digestible flowchart.

  • August 13, 2025

    Rising Star: Skadden's Katie Clarke

    For advising major acquisitions, including sovereign wealth funds, before the Committee on Foreign Investment in the United States and, more recently, guiding a major mobile games company in its acquisition of the makers of Pokémon Go, Katie Clarke of Skadden Arps Slate Meagher & Flom LLP earned a spot among international trade practitioners under age 40 honored by Law360 as Rising Stars.

  • August 13, 2025

    US Threatens Retaliation For 'Global Carbon Tax' On Shipping

    The U.S. government has preemptively threatened to retaliate against countries that adopt a multilateral plan to shift the global shipping industry toward achieving net-zero greenhouse gas emissions, claiming it's "a global carbon tax" that would disfavor liquefied natural gas and biofuels.

  • August 13, 2025

    Garmin, Fitness Tracker Co. Reach Resolution In IP Suit

    Garmin International Inc. and Israeli wearable tech firm CardiacSense Ltd. have reached a resolution in a case in a suit over a patent covering devices that measure bodily data.

  • August 13, 2025

    Crypto Co. Bullish Makes Public Debut After Upsized $1B IPO

    Venture-backed crypto exchange Bullish made its public debut Wednesday after raising $1.1 billion in its upsized initial public offering, marking the latest in a string of crypto-related companies to dabble in the public markets.

  • August 12, 2025

    Senate, House Bills Look To Curb Counterfeit Imports

    A bipartisan group of lawmakers has introduced a bill in both chambers of Congress aiming to combat counterfeit and pirated imports by allowing customs agents to share suspected counterfeit packaging and shipping information with intellectual property holders, e-commerce companies and goods transporters.

  • August 12, 2025

    Calif. Fantasy Sports Losses Not Economic Injury, DraftKings Says

    DraftKings has asked a California federal court to toss a lawsuit accusing the sportsbook of skirting state gambling laws, arguing the plaintiffs have failed to show they suffered a legitimate injury or that the company provided them goods and services.

  • August 12, 2025

    No New Foreign Bribery Trial For Ex-Connecticut Oil Trader

    A former Connecticut oil trader faces sentencing Nov. 4 after a federal judge declined to overturn a jury's verdict finding him guilty of paying bribes to an official at Brazilian oil giant Petroleo Brasileiro SA and laundering money.

  • August 12, 2025

    ITC Bans Pilates Machine Imports After Default In Patent Case

    The U.S. International Trade Commission on Monday issued a complete block on imports of Pilates reformers that infringe a pair of patents owned by Balanced Body, which brought a case at the ITC against a group of mostly China-based companies.

  • August 12, 2025

    Rising Star: Kelley Drye's Joshua Morey

    Joshua Morey of Kelley Drye & Warren LLP has racked up several trade wins for the U.S. domestic industry, including duty orders on aluminum sheets imported from 16 countries, earning him a spot among the international trade lawyers under 40 honored by Law360 as Rising Stars.

  • August 12, 2025

    Trump's Tariffs Add Billions In Revenue, Think Tank Says

    President Donald Trump's enacted tariffs are generating billions of dollars more in revenue when compared to duty collections prior to his taking office, and that revenue could be used to reduce the U.S. budget deficit, according to a recent analysis by the Committee for a Responsible Federal Budget.

  • August 11, 2025

    Feds Charge Mexican Businessmen In Pemex Bribery Scheme

    Two Mexican businessmen living in the U.S. are accused of taking part in a bribery scheme to secure at least $2.5 million in business with Mexico's state-owned oil company, Petróleos Mexicanos, the U.S. Department of Justice announced Monday.

  • August 11, 2025

    2nd Circ. Revives Hezbollah Terrorism Suit Against Bank

    The Second Circuit held Monday that a Lebanese bank is subject to the personal jurisdiction of New York courts on claims over its predecessor's alleged assistance to Hezbollah, citing the state highest court's certified answer in the case while also reasoning that the bank being subjected to the state's jurisdiction was foreseeable.

  • August 11, 2025

    Chicago Judge Signals Shift In Handling Counterfeit Cases

    A Chicago federal judge, who earlier this year halted lawsuits in his courtroom that anonymously combined numerous alleged online counterfeiters in single complaints, has concluded that the litigation strategy "should no longer be perpetuated in its present form."

  • August 11, 2025

    What To Watch In Mega Union Pacific-Norfolk Southern Tie-Up

    Union Pacific and Norfolk Southern's bold plan to create the nation's first transcontinental railroad owned by a single firm would transform freight transportation in the U.S., but it must first clear a heightened standard for reviewing mega rail mergers that hasn't yet been tested since the standard was set 24 years ago.

  • August 11, 2025

    EY Says SPAC Investors' Fraud Suit Is 'Blame-Shifting'

    EY's Middle East affiliates asked a New York federal judge to toss claims that they botched audits of United Arab Emirates-based Brooge Petroleum before its merger with a blank-check company to enable a fraudulent scheme against investors, arguing it was up to the plaintiffs to "kick the tires" before recommending the merger.

  • August 11, 2025

    Liberty Mutual Nabs FCPA Declination, Will Disgorge $4.7M

    Liberty Mutual Insurance Co. will avoid prosecution under the Foreign Corrupt Practices Act and disgorge nearly $4.7 million over bribes paid by employees of its Indian subsidiary, the U.S. Department of Justice said Monday, in the first FCPA declination since President Donald Trump paused prosecutions under the law.

  • August 11, 2025

    Trump Delays China Tariff Hikes Again, Until November

    President Donald Trump delayed higher tariff rates on Chinese imports Monday another 90 days, hours before the duties were set to jump Tuesday, according to media accounts.

  • August 11, 2025

    Nestlé Faces Suit Over Alleged Child Labor In Supply Chain

    A human rights group is claiming Nestlé has known of child labor being used throughout its West African cocoa supply chain and yet still marketed its "zero tolerance to child labor" policy in a new suit moved to D.C. federal court Friday.

  • August 11, 2025

    Rising Star: Kirkland's Luci Hague

    Lucille Hague of Kirkland & Ellis LLP has helped clients secure approvals in international transactions, such as a transaction to take public the space industry startup Momentus Inc. and the sale of cybersecurity company Venafi to Israel-based CyberArk, earning her a spot among the international trade law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 11, 2025

    Suit Alleges Offshore Sportsbook Ignored Opt-Out Requests

    A California man filed a proposed class action against the offshore sportsbook MyBookie, saying it bombards him with text messages promoting its various offerings despite his repeated attempts to opt out of the communications.

  • August 08, 2025

    FERC's Policy Work Was A Mixed Bag For Departing Chair

    Outgoing Federal Energy Regulatory Commission Chairman Mark Christie touted the agency's work to encourage gas infrastructure development during his tenure, but lamented its failure to advance electricity policies aimed at lowering transmission costs and ensuring there's enough power supplying the nation's grid.

  • August 08, 2025

    Trump Admin Threatens To Take Harvard's Patents

    The U.S. Department of Commerce on Friday threatened to invoke the government's so-called march-in rights to take control of patents owned by Harvard University, accusing the Ivy League institution of not meeting its obligations tied to federally funded research.

Expert Analysis

  • Navigating Enforcement Risks Facing Data Centers

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    The importance of data centers seems to escalate daily alongside advancements in artificial intelligence and other technologies, but the enforcement risks they may face during development and operation merit attention, whether engaged with data centers as an investor, owner or operator, say attorneys at King & Spalding.

  • ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'

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    The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.

  • 3rd-Party Audit Tactics To Improve Export Control Compliance

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    Companies should take a strategic approach to third-party audits in response to the Trump administration's ramp-up of export control enforcement with steps that strengthen their ability to identify the control weaknesses of distributors, dealers and resellers, say Michael Huneke at Hughes Hubbard, and John Rademacher and Abby Williams at Secretariat Advisors.

  • Can Companies Add Tariffs Back To Earnings Calculations?

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    With the recent and continually evolving tariffs announced by the Trump administration, John Ryan at King & Spalding takes a detailed look at whether those new tariffs can be added back in calculating earnings before interest, taxes, depreciation and amortization — an important question that may greatly affect a company's compliance with its financial covenants.

  • Evading DOJ Crosshairs As Data Security Open Season Starts

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    As the U.S. Department of Justice begins enforcing its new data security program — aimed at preventing foreign adversaries from accessing government-related and personal sensitive data — U.S. companies will need to understand the program’s contours and potential pitfalls to avoid potential civil liability or criminal scrutiny, say attorneys at Cohen & Gresser.

  • How High Court Ruling Can Aid Judgment Enforcement In US

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    In CC/Devas (Mauritius) v. Antrix, a unanimous U.S. Supreme Court recently ruled that only two steps are required to keep a foreign sovereign in federal court, making it a little easier for investors to successfully bring foreign states and sovereign-owned and -controlled entities into U.S. courts, says Kristie Blase at Felicello Law.

  • How Trump's Trade Policies Are Shaping Foreign Investment

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    Five months into the Trump administration, investors are beginning to see the concrete effects of the president’s America First Investment Policy as it presents new opportunities for clearing transactions more quickly, while sustaining risk aversion related to Chinese trade and potentially creating different political risks, say attorneys at Covington.

  • How Trump Admin Treasury Policies Are Reaching Banks

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    The Treasury Department has emerged as an important facilitator of the Trump administration's financial policies affecting banks, which are now facing deregulation domestically and the use of international economic authorities in cross-border trade and investment, say attorneys at Davis Polk.

  • Series

    My Opera And Baseball Careers Make Me A Better Lawyer

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    Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.

  • Policy Shifts Bring New Anti-Money Laundering Challenges

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    In the second half of 2025, the U.S. anti-money laundering regulatory landscape is poised for decisive shifts in enforcement priorities, compliance expectations and legislative developments — so investment advisers and other financial institutions should take steps to prepare for potential new obligations and areas of risk, say attorneys at Linklaters.

  • 8 Ways Lawyers Can Protect The Rule Of Law In Their Work

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    Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.

  • Despite Dark Clouds, Outlook For US Solar Has Bright Spots

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    While tariff, tax policy and bankruptcy news seemingly portends unending challenges for the U.S. solar energy industry, signs of continued growth in solar generating capacity and domestic solar manufacturing suggest that there is a path forward, say attorneys at Beveridge & Diamond.

  • ICSID Annulment Proceedings Carry High Stakes For System

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    The annulment proceedings brought by Freeport-McMoRan before the International Centre for Settlement of Investment Disputes, seeking to redress a glaring and prejudicial oversight in its arbitral award against Peru, are significant for delimiting the boundaries of procedural fairness within the ICSID's annulment framework, says Josep Galvez at 4-5 Gray's Inn.

  • Series

    Law School's Missed Lessons: Communicating With Clients

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    Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.

  • Navigating Antitrust Risks When Responding To Tariffs

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    Companies should assess competitive perils, implement compliance safeguards and document independent decision-making as they consider their responses to recent tariff pressures, say attorneys at White & Case.

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