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European Union › Airbus

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Faegre Drinker Biddle & Reath LLP

Trade Ties Between the U.S. and EU Are Tested — EU Presses Ahead With Tariffs up to $4B on U.S. Goods and Services

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In the latest phase of the 16-year trans-Atlantic dispute over government subsidies to The Boeing Company and Airbus SE, on October 26, 2020, the World Trade Organization’s (WTO) Dispute Settlement Body (DSB) authorized the...more

Kelley Drye & Warren LLP

EU Targets November 10 for Imposition of Nearly $4 Billion in Tariffs on U.S. Goods in Aircraft Case

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The WTO has given final approval for the EU to impose tariffs on at least $4 billion of U.S. goods in retaliation over illegal aid in connection with the Boeing/Airbus aircraft dispute. The EU has set a target date of...more

Husch Blackwell LLP

WTO Rules That EU Can Impose $4 Billion In Tariffs On U.S. Imports

Husch Blackwell LLP on

The World Trade Organization (WTO) issued a decision that the European Union (EU) is authorized to impose tariffs on approximately $4 billion worth of annual imports from the United States, an amount the WTO found to be...more

Robins Kaplan LLP

Financial Daily Dose 10.14.2020 | Top Story: WTO Allows EU to Impose $4B in Tariffs Over U.S. Boeing Subsidies

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The WTO—already on shaky ground with the White House—did little to endear itself on Tuesday with a decision giving the EU “permission to impose tariffs on $4 billion worth of American products annually in retaliation for...more

Robins Kaplan LLP

Financial Daily Dose 9.30.2020 | Top Story: JPMorgan Reaches $920M Settlement with Feds Over Spoofing Allegations

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Under the terms of a deal with the DOJ announced this week, JPMorgan will pay $920 million and sign on to a deferred prosecution agreement “to resolve charges that it had manipulated markets for U.S. government bonds and...more

Husch Blackwell LLP

USTR Revises List Of EU Imports Subject To Section 301 Tariffs

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The Office of the U.S. Trade Representative (USTR) issued an updated list of goods from the European Union (EU) subject to Section 301 tariffs as part of the Large Civil Aircraft dispute. In October 2019, the World Trade...more

BCLP

Aircraft Financing in a post-COVID-19 world

BCLP on

Covid-19 is an unprecedented health and economic crisis, and it is still unclear how and when the aviation industry will begin to recover. Global government aid to the aviation sector has been inconsistent, with varied levels...more

Holland & Knight LLP

Trump Administration Issues New Retaliatory Measures Against EU – and Threatens More

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There have been several recent developments in trade disputes involving the Trump Administration and the European Union (EU), including an increase by the U.S. Trade Representative in tariffs on new Airbus aircraft and...more

Robins Kaplan LLP

Financial Daily Dose 2.19.2020 | Top Story: Arguments Begin Regarding Facebook’s 2010 Tax Bill

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On Tuesday, a U.S. federal tax court began hearing arguments regarding Facebook’s 2010 tax bill. The IRS valued Facebook at $13.8 billion, while Facebook reported only $6.5 billion. The final tally could potentially cost...more

Holland & Knight LLP

U.S. Considers Expansion of Tariffs in Aircraft Trade Dispute

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The U.S. Trade Representative (USTR) published a notification on Dec. 12, 2019, informing the public that it was reviewing the action being taken in the Section 301 investigation involving the enforcement of the United...more

King & Spalding

USTR To Review Appropriate Products and Rates for Additional Duties As A Result Of WTO Dispute Regarding Airbus Subsidies

King & Spalding on

The United States Trade Representative (“USTR”) has published a notice regarding potential revisions to tariffs imposed as a result of the WTO dispute on Airbus subsidies (the “Review of Action”). The notice is here. USTR...more

King & Spalding

Trade & Manufacturing - October 2019

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The U.S. International Trade Commission Initiates A Second Miscellaneous Tariff Bill Process - On October 11, 2019, the United States International Trade Commission (“Commission”) will again initiate the Miscellaneous...more

King & Spalding

The World Trade Organization Authorizes the United States to Impose Retaliatory Duties on the European Union in Airbus Dispute

King & Spalding on

For 15 years, the United States and the European Union have been involved in disputes before the World Trade Organization (“WTO) concerning subsidies on commercial aircraft. The disputes have resulted in findings by WTO...more

Kelley Drye & Warren LLP

A Tale of Two Aircraft: U.S. Wins Historic Award in Airbus Case While EU Awaits Ruling on Boeing

Kelley Drye & Warren LLP on

On October 2, 2019, the World Trade Organization (“WTO”) awarded the U.S. the largest arbitration award in the WTO’s history, $7.5 billion annually, in retaliation for the unlawful EU subsidization of Airbus. The award comes...more

Robins Kaplan LLP

Financial Daily Dose 9.25.2019 | Top Story: WeWork Ousts Co-Founder CEO in Bid to Save IPO

Robins Kaplan LLP on

Well, that was remarkably quick. Just days after WeWork’s board announced that it was considering replacing co-founder Adam Neumann to help clear a path to the work-share-startup’s initial public offering, Neumann stepped...more

Robins Kaplan LLP

Financial Daily Dose 9.17.2019 | Top Story: WeWork to Delay Planned IPO Until at Least October

Robins Kaplan LLP on

Shared office-space company WeWork, which had committed to moving forward with its planned IPO this week despite recent turmoil, appears likely to postpone the offering until at least October in an effort to shore up its...more

King & Spalding

Trade & Manufacturing - News of Note - August 2019

King & Spalding on

EU Trade Commissioner Malmstrom Announces That the EU Will Impose €39 Billion Worth of Retaliatory Tariffs on U.S. Goods if President Trump Imposes Section 232 Tariffs On Automobiles And Automotive Parts - The European...more

Dorsey & Whitney LLP

USTR Proposes New Import Tariffs on European Aircraft, Beverages, Food Items and Many Other Products

Dorsey & Whitney LLP on

The Office of the U.S. Trade Representative (“USTR”) proposed on April 8 to impose additional tariffs on $11 billion of imported products, at 100% of the value of the goods, if they are made in any of the 28 member states of...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Carlos Ghosn, the onetime “savior” of Nissan, faced another indignity while again behind bars in Japan—the automaker officially removed the former chair from the board altogether....more

King & Spalding

Trade & Manufacturing - News of Note - June 2018

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WTO’s Appellate Body Issues Its Report In The Airbus Compliance Proceeding - On May 15, 2018, the Appellate Body circulated its report in a compliance proceeding under Article 21.5 of the Dispute Settlement Understanding,...more

Morrison & Foerster LLP

Airbus Pays €81 Million Fine to German Authorities for “Violation of Supervisory Duties”

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In one of Europe’s largest cross-border corruption investigations, involving multiple jurisdictions including Germany, the United Kingdom, France, and Austria, one chapter concluded at the end of last week: On February 9,...more

Thomas Fox - Compliance Evangelist

Termination of a Third-Party – Planning Can Reduce the Pain

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The European concern Airbus has been in the news recently for corruption issues. According to an article in the Financial Times (FT), entitled “Airbus sued by middlemen fired following fraud inquiry”, its annual report lists...more

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