Top 10 International Law Headlines from All Regions The US continues to impose economic sanctions on trade with respect to a number of countries, including Burma, Cuba, Democratic Republic of Congo, Iran, Iraq, Somalia, Sudan, Syria, Zimbabwe and others. In its 2008 decision in Omega v. Costco, the Ninth Circuit held that the "first-sale" doctrine of copyright law does not apply to goods manufactured and first sold abroad. English law remains one of the United Kingdom’s leading invisible exports in the professional services sector. On 26 July 2010, the European Union imposed its toughest sanctions yet on Iran, hitting the energy, transport, finance and insurance sectors, as well as expanding the list of "listed" individuals and entities with whom commercial dealings are prohibited. The U.S. Comprehensive Iran Sanctions, Accountability, and Divestment Act (CISADA) of 2010, which was signed into law on July 1, expands the extraterritorial reach of the prior Iranian sanctions provisions and imposes new responsibilities on U.S. companies, including financial institutions. There was considerable public scrutiny of the Obama Administration’s performance in its inaugural year, but comparatively little focus on one of the Administration’s key processes governing the flow of investment into the United States _ namely, the Committee on Foreign Investment in the United States (CFIUS). The United States Department of State is proposing to amend the "International Traffic in Arms Regulations" ("ITAR") requirements regarding dual nationals and third-country nationals employed by recipients of controlled goods and technology. The EU Mediation Directive 2008/52/EC (the Directive) was adopted on 23 April 2008 and came into force on 13 June 2008. For those who have not visited the country, the United Arab Emirates (UAE) is likely to be an unknown quantity – similar to an Arabian epic novel of noble men in flowing robes, picturesque desert and perhaps the odd camel. For those who have cursory knowledge of the UAE, its significant oil & gas reserves and Dubai’s recent debt troubles may be the first matters that come to mind. Whatever camp they fall in, New Zealand businesses looking for new markets may not get too excited about either the On 16 September 2009, the European Council and of the Council of Ministers adopted Directive 2009/110/EC (the "new E-Money Directive"). |