International Trade Elections & Politics Civil Remedies

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NY DFS Takes Action Against Foreign Bank Regarding Transactions with Sanctioned Countries

On November 18, the New York DFS announced a consent order with a foreign bank for allegedly misleading regulators regarding its transactions with sanctioned countries, most notably Iran, Sudan, and Myanmar. According to the...more

Minnesota Supreme Court Finds AAA Rules Give Arbitrator Power To Issue Sanctions Over $600 Million

The Minnesota Supreme Court today unanimously confirmed an arbitration award of over $600 million in punitive sanctions. Seagate Technology, LLC v. Western Digital Corp., (Minn. Oct. 8, 2014). Although the appellant argued...more

Will Trade Secrets Finally Get Federal Civil Protection?

On April 29, 2014, Senators Christopher Coons (D-Del.) and Orrin Hatch (R-Utah), both members of the Senate Judiciary Committee, introduced the Defend Trade Secrets Act (S. 2267), a proposed amendment to the Economic...more

Update Back From The Dead: Senators Resuscitate Legislation To Create A Federal Right Of Action For Trade Secret Theft

With a powerful industrial coalition lining up behind them, two senators are trying yet again to establish a federal right of civil action for trade secret misappropriation, potentially making trade secrets an IP stepchild no...more

LEGISLATIVE UPDATE: Senator Proposes New Bill To Create Civil Cause Of Action For Foreign Theft Of Trade Secrets

Just before the Thanksgiving holiday last week, Senator Jeff Flake (R-Ariz.) introduced the Future of American Innovation and Research Act, a new trade secrets bill that would allow American trade secrets owners to sue...more

White House Targets Patent “Trolls”

The White House today issued a fact sheet on high-tech patent issues, recommending seven legislative actions and taking five executive actions. According to the White House’s statement, innovators continue to face challenges...more

The Supreme Court Confronts Controversies Overseas, But Will Congress Have the Final Word?

The proper role of US courts in policing conduct abroad is commanding the Supreme Court’s attention and may soon command that of Congress. Since 1789, the Alien Torts Claims Act (“ATCA”) has long conferred jurisdiction upon...more

SEC Staff Issues Report on the Cross-Border Scope of Private Rights of Action for Securities Fraud

The staff of the Securities and Exchange Commission (“SEC”) recently released a study on the cross-border scope of the private right of action under Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”),...more

Private Suits Under FCPA — An Ill-Advised Idea

Late last year, Rep. Ed Perlmutter (D-Colo.) introduced a bill in the House of Representatives that would amend the Foreign Corrupt Practices Act (FCPA) to permit private suits against certain foreign companies and...more

Trade & Manufacturing Alert - September 2011

In This Issue: - 01 “False Statement” Dispute In U.S.-China Trade Remedy Cases - 01 Despite Senate Procedural Agreement, Uncertainty Continues on TAA/FTAs - 02 Brazilian President Announces Plan To Revive...more

Trade & Manufacturing Alert - May 2011

In This Issue: - 01 U.S.-Colombian Accord On Labor Issues And U.S.-Panamanian Accord On Tax Information Open Way For Congressional Action On Three FTAs; Timing And Legislative Process Still Uncertain - 02 Federal...more

Siskind's Immigration Bulletin – July 27, 2010

In this Issue: 1. Openers 2. ABCs of Immigration Law: L-1 Intracompany Transfer Visas 3. Ask Visalaw.com 4. Border and Enforcement (Arizona) News -Arizona immigration law could overwhelm state's court system -ICE...more

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