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French Fashion and Retail Goods Face 25% Duties Starting January 2021

Certain products from France, including leather handbags, and certain beauty preparations and soaps, will soon become pricier. Following a disagreement over how to tax US tech companies in France, the US Trade...more

US Withdrawal From International Tax Talks Pulls Numerous Trading Partners Closer to New Tariffs

Lighthizer testified that tariffs will be imposed if trading partners enforce digital service taxes. The Organisation for Economic Co-operation and Development’s (OECD) Inclusive Framework aims to reach an agreement on a...more

ICC award against a PDVSA subsidiary annulled for non-conformity with public policy of the seat of arbitration

To protect enforceability, an arbitral award must conform to the fundamental principles of public policy in the seat of arbitration. The arbitral tribunal’s “clear and convincing evidence” standard of proving corruption...more

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