Several weeks ago I wrote about Ecuador's efforts to enforce its $18 billion judgment against Chevron in the decades-old litigation over contamination of Amazon river basin. In the latest development, an international arbitration tribunal at the Hague's Permanent Court of Arbitration ruled that Ecuador violated the panel's previous order to stop enforcement of a contested … [Read more...]
"Super" International Trade Ministry in the Works for Obama Administration.
The Financial Times is reporting that the Obama Administration is contemplating a "Super" trade ministry. The Super trade ministry would take in trade and business promotion as well as the Ex-Im Bank, an initiative that was initially sidelined by opposition in Congress. You can read more about the story here. … [Read more...]
Foreign Exemptions Should Apply in U.S. Bankruptcy Court.
I represent an individual, Client X from Country Y. In Country Y, Person X enjoys both a homestead and pension exemption under that country's bankruptcy laws. However, when Person Y, who is both a U.S. citizen and citizen of Country X, files for bankruptcy in the U.S., the foreign bankruptcy exemptions will be held not to apply. I think this is wrong for reasons I'll … [Read more...]
Boeing's Dreamliner is a Dream for International Litigators.
There's been a lot of press the past few days over the worldwide grounding of Boeing's Dreamliner aircraft due to faulty batteries. As reported in the Wall Street Journal article, All Boeing Dreamliners Are Grounded World-Wide, the grounding of the Dreamliner marks the first time in four decades that U.S. airlines were forced to ground an airliner. U.S. airlines were joined … [Read more...]
The U.S. L1 Visa is the Best Choice for International Business Executives.
I received a call last week from a gentlemen with an established business in Country X who sought my advise for obtaining an L1 intracompany visa to work in the U.S. It was clear from my conversation with him that he already knew how the L1 Visa could benefit his international business. In today’s fast-paced, global economy there is no better vehicle for allowing companies to … [Read more...]