The Solicitor General Opposes Cert in Spain v. Blasket but Opens the Door to Future FSIA Challenges to Award Enforcement
Last week, in Kingdom of Spain v. Blasket Renewable Investments LLC, the Solicitor General (SG) weighed in on whether U.S. courts have jurisdiction to enforce arbitral awards arising from disputes between European investors and EU Member States—so-called “intra-EU” investment arbitrations. These awards have generated significant controversy around the world following landmark rulings by the Court…
Continue ReadingJurisdictional Puzzles about the Enforcement of Judgments & Arbitral Awards
Two recent cases highlight unsettled questions about jurisdictional limitations on the recognition and enforcement of foreign judgements and arbitral awards. The first, Alterna Aircraft V B Ltd. v. SpiceJet Ltd., addressed whether due process requires the presence of property in the forum state if the court otherwise lacks personal jurisdiction over the debtor. In Alterna,…
Continue ReadingChinese Judgments Go Global: Emerging Systemic Challenges and Confidence Deficit
Over the past decade, many jurisdictions have witnessed a marked increase in cases involving the cross-border recognition and enforcement of judgments. This trend reflects the practical need to recover debts across borders and to prevent evasive debtors from hiding assets abroad. China is rapidly catching up with the international community in this domain, with a…
Continue ReadingRecognizing 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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