The United States' capture of now-ousted Venezuelan President Nicolás Maduro earlier this month has raised an important question for creditors of the country that analysts say are owed, at minimum, some $150 billion: Have their chances of recovering the debt become better or worse?
Law360
International Arbitration
THURSDAY, JANUARY 22, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Analysis

Maduro's Capture Raises $150B Venezuelan Debt Questions

By Caroline Simson

The United States' capture of now-ousted Venezuelan President Nicolás Maduro earlier this month has raised an important question for creditors of the country that analysts say are owed, at minimum, some $150 billion: Have their chances of recovering the debt become better or worse?

Read full article » | Save to favorites »

Ukraine Bank Urges Justices To Take Up Immunity Question

By Joyce Hanson

A Ukraine-owned bank has asked the U.S. Supreme Court to resolve whether countries that agree to arbitrate an international dispute are also waiving their right to assert sovereign immunity in subsequent litigation to enforce a foreign judgment confirming an arbitral award.

Brief attached | Read full article » | Save to favorites »

UFC Asks 9th Circ. To Nix 'Overbroad' Discovery In Wage Suits

By Benjamin Morse

The Ultimate Fighting Championship urged the Ninth Circuit to immediately stop a Nevada federal court from enforcing a "breathtakingly overbroad" discovery order in wage suppression lawsuits, saying it violates attorney-client privilege and the First Amendment.

Petition attached | Read full article » | Save to favorites »

PEOPLE

HFW Hires Orrick's Geneva Arbitration Chief After Closure

By Hanna Vioque

Holman Fenwick Willan LLP has scooped up an arbitration partner with over 20 years of experience from Orrick Herrington & Sutcliffe after the firm closed its Switzerland office, part of HFW's plans to bolster its international arbitration practice in Geneva.

Read full article » | Save to favorites »

Burford Capital Hires New Korea Exec Amid Growth Push

By Ryan Boysen

Burford Capital LLC has hired a new executive to oversee its operations in South Korea as the litigation funder aims to double its portfolio to roughly $15 billion by 2030, in part by expanding its geographic footprint.

Read full article » | Save to favorites »

EXPERT ANALYSIS

2026 Int'l Arbitration Trends: M&A And Securities Disputes

Recent developments — such as the high-profile arbitration between ExxonMobil and Chevron, and the U.S. Securities and Exchange Commission's shift on its long-standing opposition to mandatory arbitration clauses in registration statements — highlight key issues to consider when drafting relevant agreements and arbitrating M&A disputes, say attorneys at Cleary.

Read full article » | Save to favorites »

How A 1947 Tugboat Ruling May Shape Work Product In AI Era

Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.

Read full article » | Save to favorites »

LEGAL INDUSTRY

Analysis

Nonprofits, Not BigLaw, Lead Legal Challenges To Trump

By Jack Karp

Public interest groups are handling a majority of the lawsuits filed against the second Trump administration, while most large firms remain on the sidelines, according to a review by Law360 of more than 400 lawsuits filed in the first year of Trump's second term.  

Read full article » | Save to favorites »

Ballard Partners Led In Lobbying Earnings As Trump Returned

By Alison Knezevich

Ballard Partners more than quadrupled its annual federal lobbying revenue in 2025 amid President Donald Trump's return to office, surpassing the law firm policy practices that have led K Street in recent years.

Read full article » | Save to favorites »

Former SG Prelogar Joins Cooley Team On Trump EO Appeal

By Alison Knezevich

Former Solicitor General Elizabeth Prelogar has joined the legal team representing Jenner & Block LLP in its fight with President Donald Trump's administration over his executive order targeting the BigLaw firm, according to a new court filing.

Read full article » | Save to favorites »

Lawyer Testifies Goldstein Dodged $500K Poker Repayment

By Jared Foretek

A former employee at Thomas Goldstein's law firm recounted in court Wednesday that a U.S. Internal Revenue Service levy was placed on the SCOTUSblog founder's accounts, while a lawyer at another firm said Goldstein dodged repaying him for money invested in his poker-playing exploits.

Read full article » | Save to favorites »

House Speaker Johnson Supports Impeachment Of Judges

By Courtney Bublé

House Speaker Mike Johnson, R-La., on Wednesday threw his support behind efforts to impeach federal judges in Washington, D.C., and Maryland.

1 document attached | Read full article » | Save to favorites »

DOJ Outline Of New Fraud Role Doesn't Mention WH Oversight

By Courtney Bublé

A U.S. Department of Justice official explained the parameters of the new role of assistant attorney general for fraud in a recent letter to Congress, obtained Wednesday by Law360, but did not mention the individual will be overseen by the White House, as the vice president previously said.

Letter attached | Read full article » | Save to favorites »

NYC Indigent Defense Program In 'Crisis,' Task Force Reports

By Andrea Keckley

The New York City Assigned Counsel Plan, which provides lawyers to indigent people in criminal and family courts who can't be served by institutional legal service providers, is "in a state of crisis," a New York City Bar task force said in an interim report released Wednesday.

Read full article » | Save to favorites »

7th Circ. Cautions Pro Se Litigants To Avoid AI-Induced Errors

By Celeste Bott

The Seventh Circuit offered guidance to litigants using artificial intelligence while representing themselves in a ruling remanding a pro se plaintiff's civil rights case Wednesday, saying that AI has "great promise" for those who can't afford legal counsel, but that it doesn't abdicate them of their duty to avoid misrepresentations in court filings.

Decision attached | Read full article » | Save to favorites »

Justices Wary Of Greenlighting Trump Bid To Fire Fed's Cook

By Jon Hill

The U.S. Supreme Court on Wednesday appeared reluctant to let President Donald Trump immediately oust Federal Reserve Gov. Lisa Cook, with multiple justices expressing doubts about administration claims of broad presidential removal power over the central bank.

Read full article » | Save to favorites »

Promo that reads 2025 Practice Groups of the Year

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Akin Gump

Arnold & Porter

Berger Montague

Brownstein Hyatt

Campbell & Williams

Claggett & Sykes

Cleary Gottlieb

Clement & Murphy

Cohen Milstein

Cooley LLP

Covington & Burling

Crowell & Moring

Foley Hoag

GST LLP

Goldstein & Russell

Hervas Condon

Hogan Lovells

Holland & Knight

Holman Fenwick

Jenner & Block

Joseph Saveri Law Firm

K&L Gates

Kang Haggerty

Kirkland & Ellis

Langsam Stevens

Latham & Watkins

Lee & Ko

Lockridge Grindal

Lowell & Associates

Milbank LLP

Munger Tolles

Napoli Shkolnik

Orrick Herrington

PCB Byrne

Paul Weiss

Perkins Coie

Quinn Emanuel

Simpson Thacher & Bartlett LLP

Skadden Arps

Squire Patton

Steptoe LLP

Susman Godfrey

Willkie Farr

WilmerHale

Winston & Strawn

COMPANIES IN TODAY'S NEWS

American Academy of Pediatrics

American Bar Association

American Civil Liberties Union

American Public Health Association

Association of American Universities Inc.

BGR Government Affairs LLC

Ballard Partners Inc.

Bristol-Myers Squibb Co.

Burford Capital LLC

CITGO Petroleum Corp.

CNOOC Limited

Chevron Corp.

Crystallex International Corp

Dell Technologies Inc.

Deloitte Touche Tohmatsu Ltd.

Democracy Forward Foundation

Elliott Investment Management LP

Endeavor Operating Company LLC

Exxon Mobil Corp.

Glass Lewis & Co. LLC

Harvard University

JS Held LLC

KBR Inc.

LexisNexis Legal & Professional

LinkedIn Corp.

London Court of International Arbitration

National Council of Nonprofits

OpenAI OpCo LLC

Public Citizen Inc.

RELX PLC

ROSS Intelligence

Tesla Inc.

Thomson Reuters Corp.

UCLA School of Law

Ultimate Fighting Championship Ltd.

Zion Oil & Gas Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Executive Office of the President

Federal Bureau of Investigation

Federal Reserve System

Federal Trade Commission

Internal Revenue Service

International Chamber of Commerce

International Monetary Fund

National Institutes of Health

U.S. Attorney's Office for the District of Maryland

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Seventh Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Commerce

U.S. Department of Education

U.S. Department of Energy

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

U.S. District Court for the District of Maryland

U.S. District Court for the Eastern District of Pennsylvania

U.S. Environmental Protection Agency

U.S. Securities and Exchange Commission

U.S. Supreme Court

US Office of Management and Budget

United States District Court for the District of Nevada