The Wall Street Journal Quotes Partner Michael J. Coursey on WTO Airbus Decision

The Wall Street Journal reported that the World Trade Organization has overturned parts of a ruling issued in July that European Union governments improperly gave Airbus over $20 billion in low-interest loans to develop six passenger-jet models. According to WSJ, ​“the appellate court decision left both sides claiming victory, increasing the likelihood of a negotiated settlement.”

“It would be a political disaster if the WTO comes out more strongly for one side or the other,” said partner Michael J. Coursey, an international trade lawyer in the firm’s Washington, D.C. office. ​“It’s getting nudged toward a draw.”