International News

May 23, 2013

New York Times | May 23, 2013
American retailers remain sharply opposed to joining an international plan to improve safety conditions at garment factories in Bangladesh as their European counterparts and consumer and labor groups dismiss the companies’ concerns about legal liability.
Wall Street Journal | May 23, 2013
A federal court in Argentina has indicted three former executives of Ford Motor Co.'s F -1.14% Argentine subsidiary for their alleged involvement in the kidnapping of 24 workers by the military government that ruled between 1976 and 1983.
Wall Street Journal | May 23, 2013
A South Korean defendant in a case against executives of an industrial valve maker challenged his status as a fugitive, saying the status prevents him from fighting the charges against him–or even engaging in talks for a plea deal.
Wall Street Journal | May 23, 2013
The U.K.'s financial regulator said Thursday it has fined a J.P. Morgan Chase & Co. wealth-management unit £3.1 million ($4.7 million) for control failings.

May 22, 2013

Corporate Counsel | May 22, 2013
A recent opinion from the Southern District of New York interpreting the "means of interstate commerce" under the Foreign Corrupt Practices Act (FCPA) has opened the door for the United States federal judiciary to exercise jurisdiction over virtually any Internet communication, even when the communication both originates and terminates outside the physical jurisdiction of the United States.
Sydney Morning Herald | May 22, 2013
Australian victims of a popular diabetes drug that has been linked to bladder cancer will join a US class action suing the makers of the drug.

May 21, 2013

American Lawyer | Subscription Required | May 21, 2013
We've compared the U.S. Supreme Court's decision in Morrison v. National Australia Bank to "Excalibur," as companies have wielded the ruling in case after case to strike down securities claims related to overseas investments. So its no surprise that the defense bar--including the lawyer who won Morrison back in 2010--came out in force Friday to back UBS AG in an appeal that could blunt or even undermine Morrison's force. 
Lawyers Weekly | May 21, 2013
The award of a premium to Storm Financial victims who bankrolled part of a class action against Macquarie Bank could encourage self-funded group litigation, a Brisbane silk has claimed.

May 20, 2013

ThomsonReuters | May 20, 2013
Several lawyers involved in bitter U.S. litigation that grew out of pollution claims brought by Ecuadorean villagers against oil company Chevron Corp can withdraw from the case, a federal judge ruled on Friday.

May 17, 2013

Corporate Counsel | May 17, 2013
The U.S. legal system is the world’s most costly, according to a study released this week by the U.S. Chamber Institute for Legal Reform (ILR). The study, conducted by NERA Economic Consulting, showed that the American system costs about one and half times more than the Eurozone average.