Enforcing U.S. Judgments Against “Foreign” Assets of Foreign Sovereigns: a Rejoinder
On June 30, 2025, in Petersen Energia Inversora, S.A.U. v. Argentine Republic, a federal district court in New York ordered the Republic of Argentina to “(i) transfer its Class D shares of YPF to a global custody account at BNYM in New York within 14 days from the date of this order; and (ii) instruct…
Continue ReadingMaduro’s Capture Was Not a Legal “Law Enforcement Operation”
The international legal implications regarding the U.S. capture of Venezuelan president Nicolás Maduro are profound. I want to clarify just one misconception that appears to be growing in importance. The Trump Administration has downplayed the military aspects of the operation by asserting that the U.S. military was simply aiding a law enforcement effort to serve…
Continue ReadingHalkbank Files New Cert Petition
Halkbank, a Turkish state-owned bank accused of violating U.S. sanctions on Iran, filed a petition for certiorari last week seeking a second chance to convince the Supreme Court that it is immune from criminal prosecution in the United States. In its first trip to the Court, back in 2023, Halkbank argued that it was entitled…
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