Legal proceedings continue to be a critical aspect of global trade relations. The Supreme Court, NAFTA panels, and WTO dispute resolution system have all seen new activity the first few weeks of the new year.
- Money Laundering & NY condos. The US Treasury Dept. is now monitoring sales to the global rich in NY and Miami. “US Will Track Secret Buyers.” New York Times (Jan. 14, 2016).
- The Supreme Court heard oral arguments whether terrorist victims should collect frozen central bank assets of Iran. “Supreme Court and Central Bank of Iran Frozen Assets.” New York Times (Jan. 12, 2016).
- TransCanada’s NAFTA action under the investment dispute provisions (ISDS), as to Keystone Pipeline. “$15b Keystone Case.” 360Law (Jan. 12, 2016).
- WTO trade sanctions for Canada & Mexico authorized against US in labeling dispute (COOL) — an agricultural restriction hiding as health and consumer information provision. “Sanctions Against the US.” WTO News (December 21, 2015).