In an unprecedented global health crisis, international law and cooperation may be essential to save lives, foster trade and safeguard the development of individuals, companies and nations. In this edition of Global Connection, we highlight seven ways in which international law has changed in the recent months and the many opportunities these changes present to U.S. companies and individuals involved in international trade:
John Delikanakis, from our Las Vegas, Nevada office, discusses the recent U.S. Supreme Court decision, GE Energy Power Conversion France SAS v. Outokumpu Stainless USA LLC, and the ability of non-signatories of international arbitration agreements to compel arbitration using domestic doctrines of equitable estoppel;
Victor Roehm, from our Portland, Oregon office, discusses ownership and financial interest issues in cross-border cannabis and hemp transactions;
Carlos Freaner and Jorge Fragoso, from our Los Cabos, Mexico office, discuss the United States-Mexico-Canada Agreement and compliance considerations for Mexico;
Ivan Knauer and Ashley Repka, from our Salt Lake City, Utah, Washington D.C., and Phoenix, Arizona offices, discuss recent enforcement guidelines issued by the Department of Justice and Securities Exchange Commission to the Guideline as to the U.S. Foreign Corrupt Practices Act (“FCPA”);
Magnolia Movido, from our Denver, Colorado office, discusses IRS relief for stranded travelers impacted by COVID-19;
Patricia Brum, from our Los Angeles, California office, discusses how a dispute between flooring companies in the United States may lead to the invalidation of Section 301 tariffs on all imports from China under List 3; and
Brett W. Johnson and Derek Flint, from our Phoenix, Arizona office, discuss the new pressures on cryptocurrency companies.
In the midst of significant uncertainty, we hope that this Global Connection proves useful as businesses and individuals work through this global health crises, recent changes in the law and their impacts on our future. Further developments are likely inevitable and we will continue to highlight them here.
If you have any particular suggestions for future editions of Global Connection or would like to be included in future international events hosted by the firm, please feel free to contact us.