International Business Law Advisor Insights on International Litigation & Transactions

Monthly Archives: September 2009

Zen and the Art of Initial Public Offerings: China Takes Global Lead

By Santiago A. Cueto on Posted in International Investments, International Litigation

 As reported by the Wall Street Journal’s Lynn Cowan today, China has taken the global lead in initial public offering activity for 2009. As Ms. Cowan reported, should  the pace continue, China will come out on top of "every other country, and even entire regions such as Europe and North America, for all of 2009." … Continue Reading

Chevron Files International Arbitration Claim Against Ecuador: Forum Shopping in the Hague?

By Santiago A. Cueto on Posted in Dispute Resolution, International Arbitration, International Litigation

**Update January 15, 2010**: The Republic of Ecuador and the class Plaintiffs have both challenged Chevron’s arbitration claim in New York federal court. You can read about it here and here. First, the United States. Then Ecuador. Now Holland. Chevron’s wanderlust knows no bounds, as it recently filed a parallel international arbitration proceeding in the… Continue Reading

Enforcing European Freezing Injunctions in the United Kingdom

By Santiago A. Cueto on Posted in International Litigation

  The last post discussed the enforcement of Chinese judgments in the United States. In this post, I’ll head across the pond to discuss the implications of a recent English High Court decision on the enforcement of judgments and Freezing Injunctions. EU Enforcement Law In D’Hoker v Tritan Enterprises Limited [2009] EWHC 948 (QB), the… Continue Reading

Enforcement of Chinese Judgments in the United States

By Santiago A. Cueto on Posted in International Litigation

on August 12, 2009, the United States District Court for the Central District of California issued a judgment enforcing a $6.5 million dollar Chinese judgment against an American corporate defendant under California’s version of the Uniform Foreign Money Judgments Recognition Act.  The court’s full decision is available here.  This case is unique because it is… Continue Reading

Chevron’s Missteps: How Not to Handle Foreign Litigation

By Santiago A. Cueto on Posted in International Litigation

Some of my recent "how to" posts have offered practical advice and tips concerning various areas of international business law. This post is different–it’s a "how not to" article based on Chevron’s inept and unethical handling of the oil pollution trial currently taking place in Ecuador. While zealous advocacy is critical to any high caliber… Continue Reading

Online Litigation and Foreign Jurisdiction

By Santiago A. Cueto on Posted in International Litigation

The internet brought the once rarefied world of  international commerce into our living rooms. While one can now order wine directly from a vineyard located in Tuscany, this convenience  has led to a precipitous rise in international litigation.  One of the primary risks in transacting business internationally is the uncertainty in dispute resolution. Both parties… Continue Reading

Swiss Banks Shutting Out U.S. Clients Due to Unprecedented Banking Oversight

By Santiago A. Cueto on Posted in International Banking

on my visit to Switzerland with my wife and daughter this past April, there was a palpable sense of uneasiness in the unusually damp alpine air. As we made our way down Zurich’s Bahnhofstrasse—the main artery running through the city’s financial district, I could not help but notice the sheer number of jaw-clenched bankers passing… Continue Reading