Steptoe & Johnson LLP (LexBlog France)

7 results for Steptoe & Johnson LLP (LexBlog France)

  • OFAC Asserts Jurisdiction over French Bank’s Internal Transfers and Foreign Exchange Transactions

    OFAC’s January 4, 2021 civil settlement with France-based Union de Banques Arabes et Françaises (“UBAF”) provides another case study of the agency’s expansive view of its jurisdiction over transactions occurring outside the United States, when the US financial system is involved even indirectly.  This case is particularly noteworthy coming after OFAC’s recent settlement with British...

  • US Threatens Up To 100% Tariff on French Luxury Imports

    On Monday, the US Trade Representative (USTR) issued a notice proposing the imposition of up to a 100% tariff on $2.4 billion worth of French imports. This proposed tariff is the result of a Section 301 investigation which found that France’s Digital Services Tax is unreasonable, discriminatory, and restricts US commerce. The full Section 301 report can be...

  • Episode 259: Why France understands Chinese policy better than the rest of us

      Our News Roundup is hip deep in China stories. The inconclusive EU – China summit gives Matthew Heiman and me a chance to explain why France understands – and hates – China’s geopolitical trade strategy more than most. Maury Shenk notes that the Pentagon’s reported plan to put a bunch of Chinese suppliers on...

  • More on Platform Bans: Caudalie Wins a Hard Fought Battle in France

    On July 13, 2018, the Paris Court of Appeal (Cour d’appel de Paris) finally upheld Caudalie’s marketplace ban, putting an end to a five-year legal saga. This judgment is highly interesting in that it goes beyond the landmark 2017 Coty judgment by ruling that platform bans may, under certain circumstances, apply to non-luxury products –...

  • Global Competition Review Covers Steptoe’s Representation of Coveto in Cartel Case

    In a July 27 article, Global Competition Review covered Steptoe’s representation of Coveto in the French Competition Authority’s distribution of veterinary products cartel case. The outcome of the case led to the French Competition Authority imposing fines totaling €16 million on wholesale distributors of veterinary medicinal products in France for cartel practices (see the French Competition...

  • (Late) Summer Reads: “Competition Damages Action in the EU”, from David Ashton, with Steptoe’s contribution

    Steptoe contributed to the second edition of David Ashton’s book on Competition Damages Actions. The book provides a comprehensive review of the EU damages directive (Directive 2014/104/EU) and its implementation across the EU. This edition also features insights in over 10 countries across Europe. Steptoe attorneys Jean-Nicolas Maillard and Camille Keres contributed by providing an...

  • Crédit Agricole Settlement of Sanctions Allegations

    On October 20, Crédit Agricole Corporate and Investment Bank (CA-CIB), based in France, settled sanctions allegations with the DOJ, OFAC, the Federal Reserve, and New York state authorities.  CA-CIB was alleged to have violated US sanctions against Sudan, Iran, Myanmar, and Cuba by “stripping” information related to those countries from payment messages when sending funds transfers...

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