India Needs Massive Investment in Physical Infrastructure to Catch China Growth This is the second in a series of posts dedicated to the BRIC countries. While the late John Hughes would have appreciated the titular tribute to his Breakfast Club classic, the series is meant to stimulate a robust discussion among those interested in the… Continue Reading
Monthly Archives: March 2010
Strippers, Witches…and Bono: All Subject to the World’s Most BizarreTax Laws
Posted in Random Thoughts and ObservationsGovernment’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. — Ronald Reagan While Halloween gets top billing as the scariest day of the year, it’s nothing compared to the shrieks and… Continue Reading
Post-Game Analysis of Morrison v. National Australia Bank. Read the Transcript Here
Posted in Dispute Resolution, International Banking, International Litigation"I mean, this case is Australian plaintiff, Australian defendant, shares purchased in Australia. It has ‘Australia’ written all over it." — Justice Ginsburg, March 29, 2010 Following up on yesterday’s pre-game analysis of oral argument in Morrison v. National Australia Bank, Hannah Buxbaum over at the Conglomorate blog, has posted an excellent post-game analysis… Continue Reading
U.S. Supreme Court to Decide Whether Foreign Plaintiffs Can Use American Courts to File International Securities Class Actions.
Posted in International LitigationF-Cubed Securities Class Actions Put to the Test Today the Supreme Court will hear argument in Morrison v. National Bank of Australia. The case centers on so called “F-Cubed” securities class actions. As Ashby Jones, of the Wall Street Journal Law Blog explains “the term “F-Cubed” refers to securities class action cases that are largely… Continue Reading
WTO Forecasts 10% Increase in Global Trade for 2010
Posted in Business TransactionsThe World Trade Organization (WTO) forecasts a significant increase in global trade this year as international commerce continues its rapid recovery. Emerging market exports will lead the recovery with a rise of 11% compared to with 7.5% for developed economies. This comes as great news after the unprecedented speed of the collapse in world trade… Continue Reading
Internationalization of the Internet: Be Among the First to Register an Internet Domain Name in a Foreign Script
Posted in Business TransactionsCountries will soon be able to apply for internet addresses using characters from their national languages. The first Internet addresses containing non-Latin characters from start to finish will soon be online. In January, the Internet Corporation for Assigned Names and Numbers, known as ICANN, paved the way for an entire domain name to appear in Cyrillic for… Continue Reading
How to Set Up a Business in Japan (And Other Business Wisdom)
Posted in Business TransactionsFall Seven Times, Stand Up Eight. — Old Japanese Proverb Remember Japan? Well, Michael Shuman of Time magazine does. He’s written a compelling article appearing in next week’s issue. While the focus of the article, Turning Japanese, is on Japan’s recent economic… Continue Reading
An Open Letter to the Hague Evidence Convention: Thanks for Nothing. I’ll Stick with the Federal Rules.
Posted in International LitigationDear Hague Evidence Convention: This letter pains me. In the past several weeks I’ve written several posts extolling the virtues of your convention siblings governing serving process abroad and legalizing documents for use overseas– the Hague Service Convention and the Hague Legalization Convention. These two conventions have worked very well to simplify and streamline areas… Continue Reading
How To Get An Export License in 7 Steps
Posted in Business TransactionsThere’s never been a better time to expand your business internationally. Opening up revenue streams from other parts of the word is one of the best way to send your sales soaring to new heights. The good news is that most products can be exported without having to obtain a U.S. export license. However,… Continue Reading
Ireland Passes Arbitration Act of 2010: Incorporates UNCITRAL Model Law on International Commercial Arbitration
Posted in International ArbitrationI’ve been lucky to have visited Ireland a few times in the past several years. From the unbridled majesty of the Cliffs of Moer, to the emerald hills of Kilarney, to the bustling streets of Dublin, everything about Ireland is pastoral and progressive at the same time. Leave it to an international law geek like… Continue Reading
UK Investors Offered Amnesty Under Liechtenstein Tax Deal
Posted in Business Transactions, Corporate Governance, International BankingIn a trend that could spread to other jurisdictions, Liechtenstein is asking wealthy UK investors who have assets hidden abroad to take advantage of its “unique and attractive” amnesty program. The agreement reached between the UK and Liechtenstein combines generous terms with a promise by the principality to close the accounts of customers who could… Continue Reading
How to Authenticate Documents for Use Abroad Under the Hague Legalization Convention
Posted in Business Transactions, International Arbitration, International LitigationI recently represented an overseas client who sued a U.S. party based on a transaction that took place overseas. The transaction centered on several key affidavits, powers of attorney and attestations that we would need to use in U.S. litigation. Traditionally, for such documents to be made admissible in U.S. courts, the documents… Continue Reading
About Santiago A. Cueto
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Board Certified International Law Expert and Founding partner Santiago A. Cueto focuses his practice on international business law with an emphasis on international business litigation, arbitration and transactions. His practice is based in Miami, Florida.
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