Afghanistan

The Need for Greater Immunity from Execution for Central Banks: The Case of Da Afghanistan Bank

Central banks play a crucial role in the global economy. They are responsible for managing monetary policy, regulating financial institutions, maintaining financial stability, and ensuring that a country’s monetary policy aligns with its economic goals. Because of their essential role in the economy, and the sovereign functions that they perform, central banks should have a…

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District Court Refuses to Let 9/11 Plaintiffs Have Afghan Central Bank Assets

The District Court for the Southern District of New York (Judge George Daniels) has denied the turnover motions filed by judgment creditors against assets of Da Afghanistan Bank (“DAB”) that are held at the Federal Reserve Bank of New York (“FRBNY”). Judge Daniels’ order and decision, issued on February 21, 2023, adopted the report and…

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Central Bank Immunity, Afghanistan, and Judgments Against the Taliban

International law and U.S. foreign policy provide powerful reasons to require clearer direction from the political branches before ordering the turnover of Afghan central bank assets to U.S. judgment creditors. [This post also appears on Lawfare]. Afghan central bank assets in the United States were frozen by President Biden following the Taliban’s takeover of the…

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The Extraterritorial Application of State Wage and Hour Laws

Many U.S. states have enacted wage and hour laws. These laws generally set a minimum wage and require employers to pay overtime. When a company headquartered in one state hires an employee to perform work in a foreign country, however, it is not always clear which jurisdiction’s laws will apply. Is the payment of wages…

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Ingrid (Wuerth) Brunk

Vanderbilt Law School
ingrid.wuerth@vanderbilt.eduEmail

William Dodge

UC Davis School of Law
wsdodge@ucdavis.eduEmail

Maggie Gardner

Cornell Law School
mgardner@cornell.eduEmail

John F. Coyle

University of North Carolina School of Law
jfcoyle@email.unc.eduEmail

Zachary D. Clopton

Northwestern Pritzker School of Law
zclopton@law.northwestern.eduEmail

David L. Sloss

Santa Clara University School of Law
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John Parry

Lewis & Clark Law School
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Mark B. Feldman

Georgetown University Law Center
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Lawrence Collins

University College London
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Dmitriy Bogorodskiy

Pepperdine University
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Pamela K. Bookman

Fordham University School of Law
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Azadeh Mizani

Shahid Beheshti University
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Matt Hornung

Cornell Law School
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