The Treasury Department recently published more guidance on its outbound investment prohibition and notification rules (see 2412160044), including a new FAQ on how certain portions of the rules apply to in-house lawyers.
The International Trade Commission on Dec. 23 published a summary of administrative protective order (APO) breach investigations related to proceedings under title VII and section 337 of the Tariff Act of 1930 conducted during fiscal year 2024. The commission said that, over time, it has added to its report of breaches in proceedings other than title VII and violations of the ITC's rules, including the rule on bracketing business proprietary information.
The leaders of the House Select Committee on China urged TikTok Dec. 13 to comply with an eight-month-old law that will ban the popular social media application in the U.S. unless it is divested by Chinese parent company ByteDance by Jan. 19.
U.S. persons may be able to host sanctioned people as speakers at overseas conferences without a specific authorization, the Office of Foreign Assets Control said, marking an apparent reversal of the agency’s previous sanctions policy for speaking engagements.
Business consulting firm FTI Consulting launched a national security practice that will offer advice on various national security issues, including export controls, reviews before the Committee on Foreign Investment in the U.S., sanctions, and "transshipment and diversion of critical technology." Michael Driscoll, former assistant director in charge of the FBI's New York office, will lead the practice.
Former Rep. Mike Gallagher, R-Wis., said last week he remains confident that a new law requiring China’s ByteDance to divest popular social media application TikTok will survive any legal challenges.
The American Bar Association's International Law Section last week submitted comments on the Treasury Department's proposed outbound investment rules, suggesting a range of changes the agency should make to further clarify its new rules and adequately set their scope.
The Federal Maritime Commission issued a “policy statement” this week to explain that it can use subpoena authority and other “administrative investigatory authorities” when probing agreements between and among ocean carriers and marine terminal operators that may be anticompetitive.
The Congressional Research Service on July 26 released a report breaking down appellate decisions issued in recent years applying the U.S. Supreme Court's now-defunct Chevron standard of deference. The high court swapped this standard for a requirement of de novo review of federal agencies' interpretations of ambiguous statutes in Loper Bright v. Raimondo (see 2406280051).
Industry players and a law professor argued that the International Trade Commission's power to stop imports that are found to be infringing on domestic patents has become a form of blackmail by foreign companies against domestic companies, and that its original reason for being is no longer true.