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High court expands look at rights abuses abroad
WASHINGTON AP - The Supreme Court agreed Monday to consider eliminating the right of foreigners to use American courts to sue those they claim are responsible for human rights abuses abroad.In an unusual move, the justices put off a decision in a case they heard last week asking whether businesses could be sued under a 1789 law for their alleged complicity in war crimes, killings and other atrocities that take place in foreign countries.
Keep the Change: Out With the Old, Now Check Out the 'New' China Hands
Forget the Old China Hands, with the country's economic rise, the face of the China practice at international firms has grown increasingly ... Chinese.
Alien Tort Claims Act cases keep coming
Because of a gradual shift in the case law involving the Alien Tort Claims Act, flotillas of foreign litigants have set course for American venues, seeking to hold corporations liable for harms suffered at the hands of others far from America's shores. These suits present significant risks for companies that do business abroad.
Why Global Law Firms Are Perth-Bound
Australia's mining capital has become a magnet for law firms like Allen & Overy, Clifford Chance, and Squire, Sanders & Dempsey. Once an outback outpost, the city is now a key part of those firms' Asia strategy.
Corporate Liability Under Alien Tort Statute: an Update
In his Employment Law Issues column, Littler Mendelson partner Philip M. Berkowitz writes: The argument before the Supreme Court last week suggests that the Court is troubled by the idea of recognizing corporate liability under the ATS. Indeed, the request for oral argument suggests that the Court is taking a new look at whether the ATS can ever permit a lawsuit based on conduct occurring outside the United States. Nevertheless, companies and executives may be targets of these lawsuits individually, and in the Internet era, the damage to a company's brand may be more important than whether an individual can state a claim in court.Morgan Stanley falls behind in M&A deals
Morgan Stanley lost ground counseling companies on takeovers last year as boutique advisory firms Moelis Co. and Perella Weinberg Partners gained market share in the slowest period for deal-making since 2003. Goldman Sachs Group Inc., JPMorgan Chase Co. and Citigroup Inc. were the world's top three advisers on mergers and acquisitions in 2008, data compiled by Bloomberg show.
Mongolia's Business Landscape Begins to Heat Up
As Mongolia starts to profit from its vast mineral wealth, international firms are eager to join in the boom -- several have already arrived in the capital city of Ulaanbaatar. But global firms face a dearth of suitable local firms to partner with and a shortage of international lawyers willing to relocate to the cold and remote country.TRENDING STORIES
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