International News

February 12, 2013

Legal Newsline | February 12, 2013
An international arbitration tribunal last week found the Republic of Ecuador has violated international law and its treaty obligations to the United States in failing to prevent the attempted enforcement of an $18 billion-plus judgment against Chevron Corp.

February 8, 2013

American Lawyer | Subscription Required | February 8, 2013
What's worse than having an appellate judge rule against your proposed class action? Having that same judge compare you and your fellow plaintiffs to "children" and "illiterates," not to mention calling you out-and-out "tax cheats." 
Washington Post | February 8, 2013
A federal judge on Thursday approved five class-action settlements that call for a Chinese drywall manufacturer and others to pay hundreds of millions of dollars to repair homes damaged by the product, attorneys for thousands of Gulf Coast property owners said.

February 6, 2013

Hindu Business Line | February 6, 2013
Companies Bill 2011, which was recently passed by the Lok Sabha, prescribes several new guidelines for corporate governance. The one that permits filing class action suits against companies has, in particular, raised curiosity amongst businesses and the public.

February 5, 2013

Reuters | February 5, 2013
A groundbreaking proposal in Britain making it easier to bring antitrust class actions has business groups worldwide fearful that London will become a center for litigation abuses.
Law Society Gazette | February 5, 2013
A US industry body has added its voice to concerns about government plans to simplify collective actions under competition law.
American Lawyer | Subscription Required | February 5, 2013
On Jan. 28 Chevron Corporation filed overwhelming new testimonial and documentary evidence of fraud by the Ecuadorian plaintiffs who hold a $19 billion judgment against it--including a declaration by a former judge that the judgment itself was procured through bribery. "Truth and justice are elusive," ran the headline by Thomson Reuters. With all due respect to my former colleague Alison Frankel, who sets the standard for litigation journalism, this reaction is deeply wrong.

February 4, 2013

Financial Times | Subscription Required | February 4, 2013
The White House is set to order stronger cybersecurity measures by the end of this month as a rash of unprecedented cyber attacks against financial institutions and energy companies are prompting some big companies to rethink the need for government intervention.

February 1, 2013

February 1, 2013
There were a number of significant class action developments in Canada in 2012, including the “landmark” $117 million E&Y settlement in the Sino-Forest case. The developments during the past year “suggest that 2013 may be a tipping point for the maturing class action jurisprudence in Canada.”

January 31, 2013

Washington Post | January 31, 2013
The winners of a major environmental damages judgment in Ecuador say an appeals court in Argentina has spurned an attempt to unfreeze Chevron Corp.’s assets there.