Corporate distress no longer stops at national borders. Today, a financial shock in one country can quickly cause a global domino effect. As a result, cross-border insolvency filings are rising fast. This trend includes filings under Chapter 15 of the U.S. Bankruptcy...
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International Law
Jurisdiction by Ambush: How Foreign Counterparties Pull U.S. Companies Into Unexpected Courts
You face a real risk when a foreign counterparty uses small contract words or routine actions to pull United States (U.S.) companies into courts far from home. Those moves often start with a phrase or a single filing, and they can turn routine disputes into expensive...
Parallel proceedings: Same dispute, multiple countries
Businesses that have international locations or do business internationally have to consider the laws in each one as they make decisions for the company. Because of this, international business disputes are common. But what happens when the same issue occurs in...
How foreign laws can impact domestic litigation
Litigation in New York often relies on the analysis and application of either state statutes or federal regulations. However, laws in other countries can impact the outcome of domestic legal disputes. During business lawsuits, in particular, international laws might...
International business divorce: NYC and EU legal strategies
When a business partnership between New York and European Union entities breaks down, the distance is rarely the biggest problem. The clash of legal systems is. As a business owner, you may feel trapped between New York's aggressive litigation culture and the strict...
How to spot 5 risks under the OFAC 50 Percent Rule
Closing a deal with a foreign business often feels like a milestone for your NYC company. However, if your partner has hidden ties to individuals on the Specially Designated Nationals (SDN) List, you could face frozen assets or heavy fines. The Office of Foreign...
Emergency Relief: Emergency Arbitrator vs. Court Injunction
When your international business interests face an immediate threat, waiting months for a legal resolution is not an option. You need to know whether to pursue a court injunction or an emergency arbitrator to protect your rights. The answer depends on what you need to...
Chapter 15 bankruptcy helps foreign businesses protect assets
Successful international companies often want to establish a presence in the United States. Business-friendly laws in some jurisdictions and a large consumer base make the United States an ideal destination for successful and growing companies seeking to open new...
How can businesses protect their IP in international disputes?
When your business works across borders, intellectual property disputes can happen quickly. Different countries follow different rules, which can cause confusion. You can reduce problems by learning how international dispute resolution affects your intellectual...
The SEC Withdraws 14 Proposed Rules from March 2022 to November 2023
On 12 June 2023, the SEC withdrew fourteen proposed rules from March 2022 to November 2023 that had been proposed when Gary Gensler served as Chair of the SEC. These withdrawn proposed rules had been targeted by the House Financial Services Committee. The SEC will not...
