Recognizing Foreign Judgments
When cocktail party conversations turn to foreign judgments—as they often do—it is common to hear people speak of “recognizing and enforcing” such judgments. This is unsurprising because the typical case involves both recognition and enforcement of a foreign judgment. In some cases, however, a U.S. court may be called upon to recognize a judgment but…
Continue ReadingHavlish v. Taliban—Second Circuit Affirms that Afghanistan Central Bank Assets are Immune from Attachment
The Second Circuit has finally decided whether frozen Afghan central bank assets can be attached or turned over to satisfy judgments against the Taliban for acts of terrorism against U.S. citizens. The court answered “no” in Havlish v. Taliban over one partial dissent. The case presents complex and important issues, and although both the majority…
Continue ReadingRussia Continues Pressing Sovereignty Claims in the Yukos Award Saga
Yukos Oil Company (“Yukos”) shareholders’ attempts to enforce their $50 billion arbitral award against the Russian Federation are moving forward in the U.S. District Court for the District of Columbia. On November 17, 2023, Judge Beryl Howell denied Russia’s motion to dismiss the case for lack of subject matter jurisdiction under the Foreign Sovereign Immunities…
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