Publication
2nd Circuit defers to executive will on application of sovereign immunity
The Second Circuit recently held that federal common law protections of sovereign immunity did not preclude prosecution of a state-owned foreign corporation.
Publication | August 10, 2015
Judge Loretta Preska, Chief Judge of the Southern District of New York, recently gave a speech entitled “The Elements of Commerce in the Twenty-First Century: How Commercial Courts Enhance a City’s Position as a Financial, Commercial and Legal Hub.” Preska summarized the factors necessary for a city to be a commercial hub in the 21st Century, including an educated populace, safe investment environment, business transactions and infrastructure upgrades. She emphasized the importance of a fair process of dispute resolution to ensure continued investment, the key attributes of such a system being independence, non-arbitrariness and even application of a predictable rule of law.
Preska noted the historical role New York courts have played in deciding important commercial cases.
Read the full article: New York courts A continued tradition of important commercial decisions
Publication
The Second Circuit recently held that federal common law protections of sovereign immunity did not preclude prosecution of a state-owned foreign corporation.
Publication
Facing the fast-growing development of AI across the globe, particularly Generative AI (GenAI), the G7 competition authorities and policymakers (Canada, France, Germany, Japan, Italy, the UK and the US) and the European Commission met in Italy on 3-4 October 2024 to discuss the main competition challenges raised by these new technologies in digital markets.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023