Why China’s Growing Appetite For Iraqi Oil Is Good For America, And The World

For the mass media chorus, postwar Iraq has come to resemble an emblem of American failure. Spurts of violence seem to be embedded into the fabric of everyday life, plaguing the country with disturbing regularity. Meanwhile, sectarian strife has continued to worsen. Inflamed by the civil war in neighboring Syria, unresolved sectarian tensions have sent violence in…

Latin America-China Dispute Resolution

LIMA, Peru, March 19, 2013 /PRNewswire/ — With growing trade between Latin America and China, it’s essential to include an effective dispute resolution provision in commercial agreements, according to Xingjian “Jeff” Zhao, Associate Attorney, Diaz Reus & Targ, LLP, Shanghai Representative Office. “There are several choices in arbitration wording, as well as venues,” said Zhao at…

Understanding Risks of Investing in Iraq Key to Success

Commentary by Michael Diaz, Jr., Halim Gebeili, and Arti Sangar Daily Business Review August 1, 2012 As Iraq recovers from decades of war, U.S. businesses are taking a close look at potential investment opportunities. Project financing is par­ticularly important, as Iraq needs new power plants, housing developments, roads, bridges, ports and telecommu­nications systems. Because security…

Financial Fraud Victims May Benefit from Swiss Bank’s Disclosures

Lawyer Michael Diaz, Jr., says financial fraud victims may benefit from Swiss bank’s disclosures Swiss banking giant UBS’ decision to turn over information on 4,450 “secret” bank accounts to the U.S. Internal Revenue Service signals a major shift in accountability for the world’s financial markets. We spoke about the impact of this with Michael Diaz,…

The NAFTA of the Pacific

On November 12, 2011, leaders of the nine Trans-Pacific Partnership countries – Australia, New Zealand, Malaysia, Vietnam, Singapore, Brunei, Peru, Chile and the United States – announced that they haD reached initial consensus on drafting an ambitious, 21st-century Trans-Pacific Partnership (TPP) agreement that will enhance trade and investment among the TPP partner countries. The TPP…

Investor-State Arbitration Provisions under Colombian-US Free Trade Agreement

Chapter 11 of the North America Free Trade Agreement (NAFTA) was the first international trade agreement provision to give foreign investors a direct cause of action for investment disputes against the host government in a binding international tribunal, commonly known as “investor-state arbitration.”  However, NAFTA investor-state arbitration continues to be a source of debate.  Critics…