I got a call recently from a local manufacturer looking to sue a supplier in a Latin American country for breach of contract. Given Miami’s proximity to the region, I see these types of cases a lot. The first thing I’ll do is take a look at the case to confirm that jurisdiction would be proper in the U.S. And most of the time it is. However, when the jurisdictional … [Read more...]
Are You a Clueless In-House Counsel When it Comes to International Litigation?
Earlier this week I had a discussion with the general counsel of a mid-size company. He was going on and on about how his in-house attorneys secured a huge U.S. court judgment against a foreign company. I simply smiled and thought to myself, this person does not have a clue about the rough road ahead. You see, securing a U.S. court judgment against a foreign company is … [Read more...]
International Litigation Costs: A Comparative Study.
As readers of this blog know, I’m a big advocate for the arbitration of international disputes. However, the fact remains that a great deal of cross-border disputes result in costly international litigation. I see that a lot here in Miami, where our firm’s international practice based. There are literally hundreds of lawsuits filed here that could have easily been resolved … [Read more...]
International Arbitration in Miami is on the Rise. Here’s Why.
Whenever someone learns that our law firm (based in Miami) is currently handling a major international arbitration matter against the Kyrgyz Republic at the Hague, they almost always ask "why is a complex case like that being handled in Miami?" The answer is straightforward. Over the last decade Miami has become one of the primary players on the international … [Read more...]
How Russian Investors Can Reclaim their Investments in Cyprus.
UPDATE: The Cyprus parliament unanimously rejected the proposed European bailout, raising the possibility of a messy default. *** The firestorm over the Eurozone bailout of Cyprus, a small Mediterranean metropolis, continues to rock financial markets. Under the terms of the bailout deal, everyone with a bank account on the island has to pay a one-time tax on their deposits … [Read more...]