International Trade

    • 9 Sep 2015

    New EU Regulation for Electronic Signatures

    by Michael McKee The EU has adopted a new regulation, which will introduce a new legal framework for electronic signatures, seals, time stamps and electronic documents. These rules aim at creating a uniform regime across EU for the mutual recognition of electronic identification between member states. This new regulatory framework (910/2014/EU) was published in the Official Journal of the EU on 28 August 2014 under...
    • 16 Jun 2015

    Russia's New Personal Data Localization Law Goes into Effect in September 2015

    To the extent a company doing business in Russia has not yet done so, it should consider whether Russia's Personal Data Law and its data localization requirement apply to its business, and, if so, begin compliance planning promptly. On December 31, 2014, Russian President Vladimir Putin signed into law a change in the effective date of a Russian personal data law that includes a data localization requirement (the...
    • 4 Nov 2014

    U.S. Supreme Court Refuses to Review Decision Upholding $185 Million Award

    WASHINGTON, D.C. — (Mealey’s) The U.S. Supreme Court on Nov. 3 denied a petition for writ of certiorari filed by the Republic of Argentina, which sought review of a recent Supreme Court ruling that reversed an appellate court decision to vacate an order confirming a $185,285,485.85 international arbitration award issued in favor of a United Kingdom investor ( BG Group Plc v. Republic of Argentina , No. 14...
    • 29 Jul 2014

    Permanent Court of Arbitration Issues Award For Investors In Yukos, Orders Russia To Pay $50 Billion

    THE HAGUE, Netherlands — (Mealey’s) A tribunal for the Permanent Court of Arbitration yesterday announced that it has issued awards in three arbitration cases filed against the Russian Federation in relation to investments made in OAO Yukos Oil Co. (Yukos), awarding the investors more than $50 billion ( Yukos Universal Limited [Isle of Man] v. The Russian Federation , No. AA 227, PCA). Filing In 2005...
    • 10 Jul 2014

    Invisible Ink: The Hidden Clause in Many International Sales Contracts

    There’s good news—and cause for concern—in recent numbers about the U.S. economy. On a positive note, the Export-Import Bank of the United States reported in early June 2014 that the country’s exporting performance was continuing to show signs of recovery. According to data released by the Bureau of Economic Analysis through the U.S. Commerce Department, the country exported $193.3 billion worth...
    • 9 Dec 2013

    IP Protection for Plants in Bilateral Free Trade Agreements: the Andean Community, the United States and the European Union

    by Carlos H. Garcia Excerpt: Intellectual property rights for plants is at the center of a heated debate; the possibility that private entities may appropriate the genetic resources of biodiversity-rich countries has raised concerns over the fair benefit sharing of biological resources and the protection of the traditional knowledge of local communities. The recent conclusion of bilateral free trade agreements seeking...
    • 24 Oct 2013

    Canada and Europe Cozy Up

    Canada and the European Union have been working together to come up with a trade agreement that could present great opportunities for Canadian businesses. In essence, trade agreements function to reduce barriers in the marketplace. Although not finalized, Canada and Europe have come together to create Canada-EU: Comprehensive Economic and Trade Agreement (“CETA”). The specifics of the agreement are still...
    • 13 Jun 2013

    Looted Resources in Global Supply Chains

    Exclusive from LexisNexis France/Semaine Juridique, General Edition: Looted Resources in Global Supply Chains: Asking the Right Questions{1} Elise Groulx, Ad.E., LL.M., Attorney at law{2}, Of Counsel, Washington office, Boyle Litigation, District of Columbia, United States of America and for Hincker & Associés, Strasbourg & Paris, France Lew H. Diggs, MA (Oxon), MBA, Strategic management consultant...